Why Are Mortgage Payments Mostly Interest? | The Truth About Mortgage

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Mortgage Q&A: “Why are mortgage payments mostly interest?” Here’s an interesting mortgage question – pun sadly intended because I couldn’t help it. Lots of folks are obsessed with how much interest is paid on a mortgage, often citing the total interest paid over 30 years. This counters the argument that mortgages are the cheapest debt… Read More »Why Are Mortgage Payments Mostly Interest?