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Toni Schafer Realtor
Let’s break down what actually makes up your monthly mortgage payment Your payment usually includes 4 key parts: P – Principal: the amount you borrowed. I – Interest:
Toni Schafer Realtor. . Let’s break down what actually makes up your monthly mortgage payment Your payment usually includes 4 key parts: P – Principal: the amount you borrowed. I – Interest: what you pay the lender to borrow their money. T – Taxes: property taxes collected and held in escrow. I – Insurance: homeowners insurance (and ...
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