Cicy,
You're right. When you borrow a large amount of money of a long period of time(home loan) you pay interest for using that money.
I am lost on what point your making though when you say you end up paying double over 20 years. Are you saying you shouldn't buy a home and you should rent instead?
Buying a home is definitely a better option FINANCIALLY if you stay in the same place over 20 years.
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