4 ms·

Are you aware of the amortization schedule? Interest portion of the payoff is front loaded. It is a very good deal to write a mortgage no matter what the rate i

Are you aware of the amortization schedule? Interest portion of the payoff is front loaded. It is a very good deal to write a mortgage no matter what the rate is, assuming default risk is low.

kristianp 8y ago
Is that visible to the customer, or only in the bank's accounting?
- carlivar 8y ago
  Extremely visible. You can create one yourself via many free web tools. Just Google it.
  - eco 8y ago
    They included a full amortization schedule in my mortgage signing documents. I imagine they always do but don't know for certain.