Maybe compare:

Renting

Mortgaging

Cash buying

A wiser man once said to me “Getting a mortgage is just a way to rent some cash”.

🚨 NOT FINANCIAL ADVICE: One under appreciated fact is that it is often worth getting a very expensive unsecured loan in order to get a better loan to value on your mortgage.

eg Paying 5.5% on 80% LTV v’s paying 4.5% on 70%, often its better to get eg a smaller personal loan at 10% than pay the extra 1% mortgage rate on the full amount.

The LTV curve often has a cliff edge in it, check this out with someone who can double check the math for you. NOT FINANCIAL ADVICE 🚨