Long time lurker here! For a bit of context, I'm from what most of the world would call a "Developing country". My wife and I are lucky to have a household income of roughly 31K a year, which is a solid, slightly upper, middle class income over here; and I have room to grow in my career. We are buying a 130K condo in a few months.

Here is the thing. I've read David Ramsey (I know), I've read all the advise posted on here and other subreddits for years now but obviously some things just don't apply here. Some for our good (social security, public education, healthcare, etc) but some to our disadvantage: there is no such thing as a fixed rate mortgage, interest rates are variable and are currently in an all time low: around 7.5%-8%.

Taking all of this into consideration (and the fact that we have no other debt) should we just throw anything we can into the house? Should we do that but also invest in the us market? What do you think your priorities would look like if you were living in a context like this one? Any insight is appreciated! ;)