Tip - How Do I Calculate Yearly Interest on a Mortgage?

Published  | Submitted by PK
How Do I Calculate Yearly Interest on a Mortgage?

A fixed-rate home mortgage has two components: the principal and the interest. When you make a payment each month, some of the money is going toward both principal and interest. However, on an ...

About Author

More by PK

About This Tip

Posted: 9 years, 4 month(s) ago

88 Reads
0 Votes