LogFAQs > #952353905

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	What's the justification for paying (Mortgage) interest up front?
SeabassDebeste 04/01/21 12:37:48 PM #7:	it's because you can't afford to pay more principal. it's kind of just how the math works - the more you owe, the more interest you pay. if you pay the same amount of P+I, then your principal will be lower earlier on. --- yet all azuarc of all sorts are more or less capricious and unreliable - they live in the varying outer weather, and they inhale its fickleness <cite>SeabassDebeste posted [p:952353905] in What's the... [t:79381375]...</cite> <quote>it's because you can't afford to pay more principal. it's kind of just how the math works - the more you owe, the more interest you pay. if you pay the same amount of P+I, then your principal will be lower earlier on. --- yet all azuarc of all sorts are more or less capricious and unreliable - they live in the varying outer weather, and they inhale its fickleness</quote> ... Copied to Clipboard!
Topic List	Page List: 1