Loan Amortization Explained: How Each Payment Really Works
A practical guide to loan amortization: the payment formula, why early payments are interest-heavy, and how extra payments change payoff time and total borrowing cost.
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Mortgage Basics: The Parts of a Home Loan That Matter Most
A practical mortgage primer: what principal, interest, escrow, amortization, and mortgage insurance actually mean, and which parts matter most when comparing loan offers.