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a mortgage is betetr. get a fixed rate so you have a fixed, unchanging payment. make it fit within your budget on the shortest term possible. but, remember, the interest you pay on it is usually 100% tax deductible, so its a great tax advantage too. if you can afford more than the minimum you can always pay extra to pay it off earlier. use this website below to calculate approximate payments. also, make sure you know your credit standing so you’re an informed buyer.