People should really do their homework. Find an online interest calculator and see how much interest you pay over the life of a 30 year loan. Even at these historically low rates it&#x27;s about double the sticker price. Also look at the amortization schedule.<p>Unless your house appreciates considerably ever year, you will pretty much always sell at a loss when you factor in the interest paid over your time as owner. This is not even including incidental expenses like appliance repair or extra warranties hi might purchase to &quot;protect&quot; you from said incidental costs.<p>In short, from a financial standpoint the math on buying a house with a mortgage never works out in your favor. It&#x27;s not even close. I am looking at this from a purely mathematical standpoint. I do undere that there are qualitative reasons that owning beats renting; however, I&#x27;m sick of hearing people try to make the case that a home is an investment, which is true only if you ignore the interest paid.<p>EDIT: if you did sell early in in the loan you could treat the money lost to interest as an implicit rent. This makes me laugh because you could&#x27;ve just rented in the first place and had the benefit of mobility and avoided the headache of putting a house on the market.