Ever had a mortgage? How many years did it take (or you planned) to pay it off?

Ramona

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35
#1
We were both lucky (husband and I) that our folks took a mortgage when we were young, so we inherit 2 apartments. The only real estate investment we made together is the house in a nearby village (which costs a fraction of what we'd pay here, in the city). About 10%.

Did you inherit your home or do you have a mortgage? How many years do you think it will take to pay it off? 10? 20? 30 years?
 
Messages
74
#2
Never had a mortgage. Most young people in the UK, are getting there first mortgage at the age of 30,40, or even 50! That is to late considering you only live until your 100, if your lucky.