piccolopat
DIS Veteran
- Joined
- Apr 25, 2014
A question for the group. I saw that a PP listed their mortgage as a debt. I have always considered my mortgage a living expense. Just wondering how other catagorize their mortgages? I also want to wish everyone the best in achieving their goals in 2019.
I looked at my mortgage as a debt until our equity was greater than the remaining debt. Now I think of it more as just a monthly living expense. It's still really a debt until fully paid off, but knowing that the mortgage would be fully paid off if I sold the house today is a nice feeling.