Part I How To Use a Loan Amortization Schedule: A Detailed Tutorial

One of the most confusing things in personal finance is calculating debt payoffs, specifically those for long-term loans. I’m convinced that the majority of people with mortgages don’t even know how their loan actually works. I certainly didn’t the first time I bought a home (I was only 21!). Consider the following: 41.2% of Americans … Continue reading Part I How To Use a Loan Amortization Schedule: A Detailed Tutorial