v12 wrote: ↑Tue Nov 17, 2020 11:58 pmYou don't seem to understand the maths on a western mortgage. Yes, it's more expensive, though at the end, you own something that is more worth than you in total paid for (including the interest).
And, renting for that period to save from your income doesn't work either.
When you apply that to motobikes, holidays, etc, the value of the object is zero, after you paid off the loan.
The maths on a western mortgage are the same as the math on any mortgage anywhere in the world. The amount repaid is directly related to the interest rate and the repayment period. The rules of mathematics are the same in Phnom Penh as they are in Scotland.