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Nairaland Forum / Nairaland / General / Properties / Building Your House From Scratch Or Getting A Mortgage, Which Is Cost Effective? (881 Views)
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Building Your House From Scratch Or Getting A Mortgage, Which Is Cost Effective? by uboma(m): 4:07pm On Dec 07, 2014 |
I keep getting offers to take up a Mortgage whose repayment period spans 25-30 years but after due consideration, i personally feel that its more cheaper to acquire a land and erect a building of your choice no matter how long it takes to save up for such. Is there anyone here who is on a Mortgage plan? Is it a worthy investment when compared to building it yourself? |
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