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Understanding Your Mortgage Payment - Mastering PITI
Manage episode 459492056 series 3634669
Contenido proporcionado por Michael the Mortgage Guy. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Michael the Mortgage Guy o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Ever wondered where your monthly mortgage payment really goes? In this episode, we dive deep into the four pillars that make up PITI—Principal, Interest, Taxes, and Insurance. Learn how each component plays a critical role in protecting your home, your finances, and your peace of mind. From understanding why the bulk of your payment goes toward interest in the early years to the importance of your escrow account in safeguarding against tax liens and lapses in insurance, we’re breaking it all down for you. Whether you’re a first-time homebuyer or a seasoned homeowner, this episode will give you the knowledge you need to take control of your mortgage like a pro.
📞 Contact: 562-826-0837
📧 Email: m.clover@barrettfinancial.com
🌐 Website: michaelclover.net
📺 YouTube: www.youtube.com/@MichaeltheMortgageGuy
Licensed in NC, TN, GA, VA, and FL—reach out today and let’s navigate your homeownership journey together!"
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