Understanding Mortgages: A Simple Explanation
TikTokandrewlepage23
Understanding Mortgages: A Simple Explanation
Understanding Mortgages: A Simple Explanation
1.1M viewsJun 12, 2023
Mortgage Refinance Tips
Want to pay off your house faster without paying more? Go biweekly. It turns 12 payments into 13 and shaves years off your mortgage. Simple. Effective. Slept on. #personalfinance #mortgage
1:08
Want to pay off your house faster without paying more? Go biweekly. It turns 12 payments into 13 and shaves years off your mortgage. Simple. Effective. Slept on. #personalfinance #mortgage
TikTokjohnsfinancetips
4.9K views3 weeks ago
Replying to @Ziquilla Gilmore Affordability and the ability to make a payment is different #affordability #debttoincome
1:22
Replying to @Ziquilla Gilmore Affordability and the ability to make a payment is different #affordability #debttoincome
TikTokthemortgagebawse
6K views1 month ago
Whats Trump’s new 50 year mortgage? Why are house prices so high? How have tarriffs and immigration crackdowns affected house prices? Peter explains. #trump #mortgage #politics #economy #tariffs
1:47
Whats Trump’s new 50 year mortgage? Why are house prices so high? How have tarriffs and immigration crackdowns affected house prices? Peter explains. #trump #mortgage #politics #economy #tariffs
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💥 “Home upgrades seem harmless… until they raise your mortgage payment.” Most homeowners don’t realize this can happen until it’s too late 👇 1️⃣ Permits Trigger Reassessment Any upgrade that requires a permit — pools, additions, extra square footage, major remodels — sends the county back to reassess your home at today’s value, not your original purchase price. 2️⃣ Higher Value = Higher Taxes A higher assessed value means higher property taxes, and that increase gets rolled straight into your
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Sure the 100 year mortgage isn’t a real thing (yet) but what is real is the way predatory lending works to communicate with people who don’t have financial literacy and are in need of a reduction in cost of living. Trying to make generational debt happen is wild. 😭 In this video I used 30 year mortgage loan for a $500,000 house. Interest rate: 7.10% Payment: $3,360/month If we extend to 100 years (1,200 months) at 7.10%, the monthly payment becomes: $2,960 per month 🫠 In other words: A 100-yea
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