3 ms·
Early in a mortgage you're paying what, 25% principal? Probably less? And that's not even taking into consideration property taxes, mortgage insurance, etc, etc
by nbouscal 14y ago
Early in a mortgage you're paying what, 25% principal? Probably less? And that's not even taking into consideration property taxes, mortgage insurance, etc, etc. So no, you're not getting $1k back from every month.