Why don’t people consider the cost of the loan as part of the cost of owning a home?

I may be a bit presumptuous here, but I rarely read much conversation about the cost of a mortgage (amortization) when discussing the cost of a home. Looking at the cost of the mortgage is often frightening, sometimes adding 50% of the cost of the home over the life of the loan. Are we not supposed to consider that cost when deciding whether a home is "worth" it and what it should sell for in the future? It absolutely terrifies me.

More real estate tips at Program Realty Wix site


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