How Mortgage Principal and Interest Works

principal is the money that big 5 to pay off the loan interest is the portion of the payment of being given to the mortgage company essentially because of the fact that their lending me the money that the bush near me back to them for that ability principal and interest payment the Justin thing is that you know it's not an even split amount so every single month when you say make a $500 payment it's not that a hundred dollars goes into the interest and $400 towards the principal every single month so you kind event like a sloping mountain in a fence where you know in the beginning of the term you pay the most interest
and as time goes by you pay less and less interested that mountain start slipping down and what happens then because your payment being the same that while the interest portion decreases the principal payment with money that's going to actually pay down loan will increasing