Most people choose a mortgage by looking at what works today.
What rate can I get?
What payment can I afford?
How much will the bank approve?
Those questions matter. But they’re only part of the mortgage decision.
A mortgage is rarely going to stay exactly the same for the next 25 or 30 years. You may sell your home, move, refinance, access equity, buy an investment property, receive a large increase in income, or approach retirement.
So instead of asking only:
“What’s the best mortgage for me today?”
A better question is:
“Where am I likely going, and how should my mortgage be structured to help me get there?”
That’s what we mean by building a mortgage backward from the exit.
