LogFAQs > #987024508

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Topic	What is your total debt?
Damn_Underscore 11/12/25 7:48:15 PM #25:	pedro45 posted... How does a mortgage count? I'm building equity. Besides that, no debt. I'm always ahead on payments whenever i do owe anything. My credit is stellar. You have the value of the house and also the debt of the mortgage. Eventually that debt will be paid off and will go to $0 but the house will still have value, probably more then it does now --- Four bells were tolled, Four torches were lit And the world continued for thousands of years... <cite>Damn_Underscore posted [p:987024508] in What is yo... [t:81069164]...</cite> <quote>pedro45 posted... </cite><quote>How does a mortgage count? I'm building equity.Besides that, no debt. I'm always ahead on payments whenever i do owe anything. My credit is stellar.</quote>You have the value of the house and also the debt of the mortgage. Eventually that debt will be paid off and will go to $0 but the house will still have value, probably more then it does now --- Four bells were tolled, Four torches were litAnd the world continued for thousands of years...</quote> ... Copied to Clipboard!
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