LogFAQs > #952354675

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
TopicWhat's the justification for paying (Mortgage) interest up front?
ShatteredElysium
04/01/21 1:00:31 PM
#8:


It isn't just the interest that is the shitty part. It's the taxes and required homeowners insurance too. I think my mortgage when I first got it was like 25% principal / 38% taxes + insurance / 37% interest. It's only become more skewed towards taxes and insurance now that I've gotten a lower interest rate too
... Copied to Clipboard!
Topic List
Page List: 1