The 15-year vs 30-year mortgage decision comes down to a trade-off between monthly affordability and total interest paid — and the "right" answer depends more on your cash flow than on which one is technically cheaper.
"Renting is throwing money away" is one of the most repeated — and most misleading — pieces of financial advice out there. The real rent vs buy decision depends on costs most people forget to count. Here's the actual math.
