Amortization Schedule Explained
7:14
YouTubeTruFinancials
Amortization Schedule Explained
Amortization Schedule Explained in this video to help you better understand how your term loan is being split each month. 👉 Want a straightforward budgeting solution? Grab my budget template here: https://trufinancials.com/budget Click “Show More” to see my Favorite Financial Tools and Affiliate Disclosure How $100 towards your mortgage ...
131.8K viewsOct 28, 2019
Mortgage Amortization
💥 “Home upgrades seem harmless… until they raise your mortgage payment.” Most homeowners don’t realize this can happen until it’s too late 👇 1️⃣ Permits Trigger Reassessment Any upgrade that requires a permit — pools, additions, extra square footage, major remodels — sends the county back to reassess your home at today’s value, not your original purchase price. 2️⃣ Higher Value = Higher Taxes A higher assessed value means higher property taxes, and that increase gets rolled straight into your
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💥 “Home upgrades seem harmless… until they raise your mortgage payment.” Most homeowners don’t realize this can happen until it’s too late 👇 1️⃣ Permits Trigger Reassessment Any upgrade that requires a permit — pools, additions, extra square footage, major remodels — sends the county back to reassess your home at today’s value, not your original purchase price. 2️⃣ Higher Value = Higher Taxes A higher assessed value means higher property taxes, and that increase gets rolled straight into your
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