Understanding Mortgage Payments and Their Implications

فيديو أنشأه المدير ابو عبدالله (@mzaji3al) باستخدام part 3 son pays father's mortgage

When you pay $2,500 but only $400 goes toward the actual loan balance

Bi-weekly pay people, we’re paying $150 a month towards principal on our mortgages in 2026 and this is why! 12 months of $150 in principal payments saves us $11,505.94 & takes off 8 months off the life of our loan. If we keep that up and pay $150 every month the whole loan, we’re saving $87,460.34 & taking off 79 months off our loan. That’s just under 7 years we don’t have to pay out our mortgages anymore!! INSANE! If you’d like my spreadsheet to run your own numbers, it’s the Etsy link in my bi

Maximizing Mortgage Payments: The Bi-Weekly Strategy