Welcome, visitor! [ Login

Premium WordPress Themes - AppThemes


How does paying down a mortgage work?

  • Listed: August 12, 2022 11:13 pm
  • Expires: This ad has expired


How does paying down a mortgage work?

The amount you borrow with your mortgage is known as the principal. Each month, part of your monthly payment will go toward paying off that principal, or mortgage balance, and part will go toward interest on the loan. Interest is what the lender charges you for lending you money.

No Tags

243 total views, 1 today


Listing ID: 91562f6de9d9d374

Report problem

Processing your request, Please wait....