This is What They Don't Tell You About Mortgage Payments скачать в хорошем качестве

This is What They Don't Tell You About Mortgage Payments

How do mortgage payments really work? Most homebuyers think their monthly mortgage payment is just the home price divided by 30 years. In reality, your payment includes principal, interest, property taxes, homeowners insurance, and sometimes mortgage insurance (PITI + MI). In this video, I break down exactly what makes up a monthly mortgage payment and explain: • Principal vs interest • Property taxes and how they affect your payment • Homeowners insurance costs • Mortgage insurance explained (Conventional vs FHA) • Why your interest rate is NOT the biggest factor • How to calculate your true monthly mortgage payment • Why two homes at the same price can have very different payments If you’re a first-time homebuyer or planning to buy a home in 2026, understanding your monthly payment is the key to buying with confidence. Knowing how mortgage payments work helps you: • Determine your comfort payment • Avoid payment surprises • Compare loan programs correctly • Plan your budget long-term If you want help calculating your real mortgage payment or getting pre-approved, reach out anytime. Subscribe for simple mortgage education, home buying tips, and real estate clarity without the jargon.