Most homeowners pay their mortgage each month without even thinking about how much of that payment goes towards the principal versus the interest. We just accept that making our monthly mortgage ...

Mortgage amortization refers to the split between how much of your loan payment goes toward principal vs. interest. At the beginning of your loan, a larger portion of your payment is put toward ...

Most people aren't able to buy a home in cash. Instead, they borrow money from a bank in the form of a mortgage loan. Of course, no bank lets you borrow money for free. You'll be charged interest, ...