We decided to cover Loan Amortization because so many people act like they know what it is, and end up Googling it after we go over it because they feel like they should know. There’s no shame, as it’s one of those phrases that is super common, and on every single mortgage payment you’ll make,…
The property market has been nuts for a long time, with all-time highs for sale prices in October of 2024. So you’ve been waiting around for the perfect time with an eye on a substantial drop in cost versus finding the right property. But, in recent months, there HAS been a substantial drop in cost…
Nobody likes reading the fine print. Loan terms are thought of in terms of time. How many years will I be paying this down? When can I breathe a sigh of relief? But, from a lender’s perspective, it’s about payment amounts, interest rates, amortization schedules, and how much headache you might represent over the next…