this post was submitted on 28 Dec 2023
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Spare a dollar? (sh.itjust.works)
submitted 10 months ago by IdiosyncraticIdiot@sh.itjust.works to c/memes@lemmy.world
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[–] LemmyKnowsBest@lemmy.world 8 points 10 months ago

Mortgage interest payments can often be tax-deductible, which is not applicable when buying outright.

Okay but if you pay it all off in one lump sum there won't be any interest payments at all. So both scenarios kinda break even in that regard.