Just 1 page this question : which is the best choice to have 500,000 mortgage or to pay 500,000 in cash in order to buy a house ?

Which is the best choice to have 500,000 mortgage or to pay 500,000 in cash in order to buy a
house?
Solution:
Both the options of 500,000 mortgage or to pay 500,000 in cash in order to buy a house have
their share of advantages and disadvantages. Mortgage basically means a loan that is secured
usually by a rented property. This type of loan usually ends if the payment is fully made or with
the seizure of the property.
A 500,000 mortgage loan in order to buy a house will be favorable mainly because it will allow
the person to buy the house today and pay for it in...