This might be duh for some people, but if you’re like me and considering a mortgage; at today’s rates in the US at around 5-6%, over 30yr mortgage you will pay about same in interest as you will for your house price.
Your $500k house will cost you around $1M total over thirty years.
I was surprised.
I pay less, but I also got a 3% mortgage. Though, if you include things I purchased because I wanted them: smoker, pavillion, garden, etc then I’ve paid much more. Some things raise the equity of the house, others don’t.