You won’t shell out interest: When you take out a mortgage your lender will charge interest about the money you’re borrowing. But when you’re a cash buyer this doesn’t apply. Despite the fact that using your savings to pay for the house means you won’t be earning interest on them. https://chancelufmx.blogdal.com/27720661/an-unbiased-view-of-what-is-a-proof-of-funds-letter-for-real-estate-investors