Posted by: nepalbanda September 27, 2022
Interest rate on Mortgage
Login in to Rate this Post:     0       ?        
Loan amount of $600,000 @2.5% will cost you $15,000 in interest per year, that will translate to $1,250 a month in interest only. Faster you pay down that principal more of your payment will go to principal rather than interest.

Jai Nepal

Read Full Discussion Thread for this article