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0:31
YouTube
Damon Gettier & Associates, REALTORS - by REAL
Mortgage Breakdown Tip #1: PRINCIPAL Explained 🏡📉
So the first portion—Tip #1—is Principal. 💵 Principal is the part of the loan that gets paid down each month when you make your mortgage payment. But here’s the catch: it doesn’t get reduced as quickly as most people think. 🚨 ️ If you have a $1,000 mortgage payment, that doesn’t mean $1,000 comes off your principal every month ...
922 views
2 months ago
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