👉 In my world of humor and profanity, "Which Mortgage Type Is Best" was a phrase that defined how people treated their finances. It's like having a conversation about the best type of chocolate ice cream for your birthday party, but instead of talking about what flavor you'd pick out, it's a game of flipping a coin.
If someone were to say: "I'm thinking about getting a 3-bedroom house with a pool," and someone else said, "But I can't imagine ever having enough money to afford one," this would be like saying, "Which mortgage type is best? Shouldn't it depend on your monthly budget and the amount of equity you have in your home?" For example: "So, which mortgage type is best for you?" "Well, let's see. I'm thinking about getting a 3-bedroom house with a pool." "You know, that seems like the perfect place to live if you're looking for something luxurious." "But, I can't imagine ever having enough money to afford one, especially since my current savings are almost nothing," replied the person with the 3-bedroom house on the market. "Well, it's all about balance and what's really important in your life," said someone else, "You might want to consider looking for a mortgage that suits your budget and financial goals." "But, I heard they're always asking if you had any emergency savings or investments in place?" "That's right. They check them out too," replied the
