Payment of principal at the beginning of the mortgage …?
I was told that payment is on the capital before the first scheduled payment of interest by thousands over the term of the loan will of course save and get it paid off much faster. Something to do with “before” all the time on payments. Can someone explain this more clearly and how it works. In addition, as I see that even on my normal repayment plan (I am a visual learner)? Thank you!
It’s sort of a stupid question, but if you need more of your money every month and pay as you pay off your loan more quickly, they will still charge you the full amount of any interest? I hate the way the majority of my payment goes to pay interest immediately, and then as $ 100 for the customer. Does it depend on the bank? Did you know that death is death in Latin, a mortgage is really measuring a death?