I am currently in the process of buying a house, and have limited money to spend for extras.
After my mortgage is paid (around $900) and all my bills and living expenses i get an extra $600 a month with nothing attached to it.
I want to slowly remodel the house,
i.e. put hardwood floor in, redo the kitchen, redo the bathroom, but i also know how much interest you get charged especially if you are new in the loan
What would you suggest i do (pay more on the mortgage or upgrade the house) and why?
Thanks for your suggestions!
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