What's Actually in Your Mortgage Payment?

A mortgage payment usually splits into four pieces — principal, interest, taxes, and insurance — and only one of them builds equity. What each piece does, and why the split shifts over time.

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PropertyBeginner

Mortgage Payment (Cartoon)

A quick, illustrated look at what actually happens to your mortgage payment each month — it's not all going toward the house.

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What Is Insurance, and Why Do People Pay for It? →