Which Mortgage Repayment Plan Is Best for You? Fixed Payment vs. Fixed Principal Explained for U.S. Homebuyers
Why Your Mortgage Repayment Choice Really Matters Buying a home in the U.S. usually means taking out a mortgage, and one of the most important—yet confusing—decisions is how you’ll pay it back. American lenders most commonly offer two options: fixed payment (amortized/level payment) and fixed principal (declining payment) plans. Many buyers only realize the difference … Read more