Configuring Volumes

In the configure volume tutorial when you create a volume for a droplet it says to create then mount my volume to /mnt/volume_tor1_01 can this be any other directory that still does not exist like if I wanted it to be in /home/example is this possible? Does the volume data get displayed on my control panel on how much space is left or do I need to run a command for it to check?

# Create a mount point for your volume:
$ mkdir -p /mnt/volume_tor1_01

# Mount your volume at the newly-created mount point:
$ mount -o discard,defaults,noatime /dev/disk/by-id/scsi-0DO_Volume_volume-tor1-01 /mnt/volume_tor1_01

# Change fstab so the volume will be mounted after a reboot
$ echo '/dev/disk/by-id/scsi-0DO_Volume_volume-tor1-01 /mnt/volume_tor1_01 ext4 defaults,nofail,discard 0 0' | sudo tee -a /etc/fstab