Mortgage Math: Why You Pay So Much Interest Up Front скачать в хорошем качестве

Mortgage Math: Why You Pay So Much Interest Up Front

Mortgage Math: Why You Pay So Much Interest Up Front. Why do mortgages feel so expensive? Why does it take so long to build equity? In this video, we break down mortgage math, amortization, and the real reason interest feels “front-loaded.” Using a simple $400,000 / 30-year mortgage at 6.5%, we walk through annual payments, interest vs. principal, and why banks structure loans the way they do. If you’ve ever wondered why your equity grows slowly in the early years—or why banks don’t offer “equal principal and interest” payments—this video will make this easier to understand. Clear numbers, clear charts, and a clear takeaway: mortgage math isn’t a conspiracy; it’s just… math. Concepts covered: 1. Traditional mortgage amortization front-loads interest because you’re paying interest on the largest loan balance early on. 2. A $400,000 mortgage at 6.5% results in roughly $26,000 in interest in the first year alone. 3. Equal principal-and-interest payments sound fair but would create fluctuating effective interest rates no bank would accept. 4. Slow equity growth in early years is a function of the amortization schedule—not bank greed. 5. Understanding amortization helps homeowners make smarter decisions about refinancing, payments, and long-term planning. #mortgages, #mortgagemath, #amortization, #homeequity, #interestrates, #financialeducation, #personalfinance, #mortgagetips, #homebuying, #realestatefinance, #equitygrowth, #loanamortization, #mortgageinterest, #financialplanning, #investingbasics, #moneytips, #financeexplained, #newjerseyfinancialadvisor, Mullooly Asset Management is a fee-only investment advisory firm located in Monmouth County, NJ. We work to educate our clients regarding managing the risk in their investments. We act in a fiduciary capacity with our clients at all times. Our family of investments advisors (Tom, and his three sons - Brendan, Tim and Casey) are all CFP® Professionals. To our knowledge, WE ARE THE ONLY FAMILY firm - in the nation - with four fiduciary, fee-only investment advisors who all have earned CERTIFIED FINANCIAL PLANNER™ certification. The "Mullooly Asset Show," has over 350 episodes and over 450 unique podcasts, which can be found on the site https://www.mullooly.net. The "Mullooly Asset Show" answers questions and cover topics that YOU bring up. Our topics and questions range from those brought up, or sent in, by our viewers. Get in touch with us here: Mullooly Asset Management 1971 State Route 34 Wall Township, New Jersey 07719 Phone: 732-223-9000 Website: https://mullooly.net Facebook: www.facebook.com/MulloolyAsset Twitter: @mulloolyasset LinkedIn: @mullooly-asset-management Email: support@mullooly.net This content is provided for informational purposes only and does not constitute personalized investment, tax, legal, or accounting advice, and should not be relied upon as such. Mullooly Asset Management, Inc. is not endorsing practices, products, or services that may be mentioned, and highly recommend consulting with a licensed financial professional about your own specific goals and circumstances prior to engaging in any financial decisions. Investing involves the risk of loss. Employees of Mullooly Asset Management, Inc. may maintain positions in securities discussed, however absolutely none of this is a solicitation or recommendation to buy or sell. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decisions. Past performance is not indicative of future results. This content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice.