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Amortization: What You Need To Know About How Your Loan Is Paid Off

October 26, 2022 by Jim Potts

This is called an amortization schedule, and it is typically designed in such a way that your last payment pays off your loan down to the penny. How does this impact the life of your loan?

Filed Under: Loan Tips Reno Tagged With: Amortization, Loan Payment, Mortgage

What Are the Advantages to Paying off Your Mortgage Early? Here Are a Few That Might Entice You

November 23, 2021 by Jim Potts

If you're looking into fixed term mortgages, you might be wondering whether there's any reason why you should take the full term to pay off the loan. In a lot of cases, paying off a mortgage before it comes due is a great decision. If you're considering paying off your mortgage early, you'll experience a variety of benefits - here are just a few of them.

Filed Under: Home Mortgage Tips Tagged With: Amortization, Home Mortgage Tips, Mortgages

An Overview of Amortization: It Plays A Role In Monthly Mortgage Payments

March 3, 2021 by Jim Potts

Even though this may sound like a fancy word, amortization is simply a long word for a straightforward topic. Furthermore, it plays a significant role in the determination of monthly mortgage payments.

Filed Under: Mortgage Tagged With: Amortization, Mortgage, Mortgage Payment

5 Financial Terms Every Real Estate Investor Should Know

March 15, 2019 by Jim Potts

The success of your real estate ventures depend on your ability to navigate the financial world. Learn these terms to make it easier to understand what's going on with your real estate investments.

Filed Under: Real Estate Tagged With: Amortization, Cash Flow, Real Estate

Jim Potts

Jim Potts


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