> more like the rent is cheaper than the interest. literally. something like 75% of your monthly payment goes to interest during the first 15 years of the loan. you can visualize this by plugging in some numbers into any amortization calculator you search for. for example, with a $500k loan, 30 year term, and interest rate of 6%, you aren't paying an equal amount of interest and principal until the 19th year of the loan. month 222 to be exact
United States