I’m a homeowner and I have a mortgage.
I can decide to do whatever I want to my house because I own it. I built a new door in the house and I repainted a room. I removed some phone ports and a grill vent.
When property taxes are due, I have to pay it. When the house goes up in value, those gains are mine.
Really I make all the decisions and do all the same things as someone who has paid off their mortgage. The only difference is that I owe money to a bank. That doesn’t mean I don’t own the house. It just means that if I don’t pay, I might have to give up my house. In that case, I still owned it until the bank took it from me.
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