• Understanding Your Mortgage Payment - Mastering PITI

  • 2025/01/06
  • 再生時間： 3 分
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Understanding Your Mortgage Payment - Mastering PITI

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  • 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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あらすじ・解説

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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