Did you know your monthly mortgage payment is a blend of your home loan's principal and interest? The length of your loan can affect the total interest you pay. And remember, as rates shift, refinancing could be a game-changer. FOLLOW @realtor_dominique_morgan to stay informed! #mortgagepayment #principalandinterest #homeloan #totalinterest #loantime #interestrates #refinancing #gamechanger #financialplanning #mortgage101 #personalfinance #realtor #mortgagetips #homeowners #monthlyexpenses #propertyinvestment #mortgagehelp #realestateadvice #financialwisdom #realtordominiquemorgan #dominiquemorgan #yourhomegirl
Ever wondered about the Total Interest Percentage on your Loan Estimate or Closing Disclosure? 📊💸 The Total Interest Percentage represents the overall amount of interest you'll pay over the life of your mortgage, expressed as a percentage of the loan amount. This shows you the true cost of borrowing. ✅🔒 Understanding Total Interest Percentage is key for several reasons: 1️⃣ Financial Awareness: It provides a clear picture of the long-term financial commitment associated with your mortgage. Knowing the total interest you'll pay helps you make informed decisions and plan for the future. 2️⃣ Comparing Options: When exploring different loan offers, the Total Interest Percentage allows you to evaluate the true cost of each option. It empowers you to choose the mortgage that aligns with your financial goals. 3️⃣ Building Equity: By understanding the Total Interest Percentage, you can devise strategies to pay down your mortgage faster, potentially reducing the total interest paid and building home equity more quickly. 4️⃣ Long-Term Financial Planning: The Total Interest Percentage sheds light on the importance of timely payments, refinancing opportunities, or even potential savings through making extra principal payments. Remember, the Total Interest Percentage is more than just a number. It represents the impact of interest on your mortgage and provides valuable insights for your financial planning. . . . . . . #MortgageMarina #loanofficer #lender #homebuyer #homebuying #homebuyingtips #firsttimehomebuyer #northcarolinarealestate #southcarolinarealestate #mortgage #mortgagetips #lendersofinstagram #TotalInterestPercentage #MortgageInsights #FinancialAwareness #LoanComparisons #BuildingEquity #LongTermPlanning #InformedDecisions #MortgageWisdom #wisdomwednesday #wednesdaywisdom #interest #totalinterest
Total interest 🙌🏼☃️💳 If you've seen my story you'll have seen my realisation about my m&s card. Saved me £100 just by changing direct debit date😹 So now I can share my totals. Great interest this month because of it. Maybe I'll get rinsed for it in April but let's see 😹 I'll take the win for now. #creditcardinterest #marksandspencer #totalinterest #totaldebt #snowballdebt #mymoney #spendingmymoney #changesforthebetter #betterlife
#TOTALINTEREST #20.99... #nf(&s)
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These two accounts were my most used cards over the past years, and the amount the interest paid each year has gone from makes me a little sad. I know the amounts from last year are not super high, being under $600 combined, but still! • I’m working to add up all of my interest paid in total for the year of 2019, and I am prepared to be very angry.. honestly. 😂🤦🏻♀️
I'm either totally interested or not interested at all. #justlikethat #lostinterest #hyperfocus #totalinterest #notatall
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Planning on taking out a loan? Make sure you know the TRUE cost after interest. This calculator will take less than a minute—link is in the bio.
Video: HP 12 and HP 12C Platinum: Calculating the total amount of interest paid over the loan. Using the AMORT function affects the TVM registers. To do this while leaving the TVM registers intact use the formula PMT × N + PV edspi31415.blogspot.com #hp12c #finance #loan #totalinterest #amortization
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He told me : 'oh that's interesting i even sleep on it to read' #catwisdom #readingbooks #deeppassion #totalinterest