Mortgage Payment Shock Math
5:32–6:08 · 36s
They quantify how a $400k home payment jumped from about $1,600 at 3% to roughly $2,400 at 6.4%, a near 50% increase in principal and interest alone.
5:32–6:08 · 36s
They quantify how a $400k home payment jumped from about $1,600 at 3% to roughly $2,400 at 6.4%, a near 50% increase in principal and interest alone.
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