This is how all mortgages have worked since mortgages began. Look at an amortization calculator. https://www.nerdwallet.com/mortgages/amortization-schedule-calculator
Pay extra on your principal.
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This is how all mortgages have worked since mortgages began. Look at an amortization calculator. https://www.nerdwallet.com/mortgages/amortization-schedule-calculator
Pay extra on your principal.
h/t pantherpack84