Rachel Cruz

And then something else happens and you end up usually not paying.

It's truly like a 30, you don't.

Now, when you're paying off your house in the baby steps, we do find that people are paying their houses off in like nine to 11 years, which is amazing.

So I think that 15 year fixed rate mortgage that we talk about, it just locks you in to a plan to get you out of debt faster with the guarantee that you will get it paid off in 15 years.

It makes you accountable.

Yeah.

And that's the thing.

That's what's always interesting with houses is that you're going to qualify for a lot more.

Absolutely.

And what they will give you than what you necessarily need or even what's good for you financially.

So we always talk about having at least five percent to put down for a down payment.

Your payment being no more than 25 percent of your take on pay on a 15 year fixed rate, which I always say we understand that is a very conservative.

formula when it comes to the housing situation.

But just like our last caller, you guys, like you see people like get into housing situations and it takes half their income or maybe one spouse chooses to stay home, but you can't because you've built your life around, you know, having a dual income and it just starts to limit your choices.

The deeper you go into debt, the longer you're in debt.

It just limits your life choices on what you can and can't do because it's telling you basically what to do.

So.

That's it, Lauren.

All right.

I know.