What is Mortgage Amortization?
Alright, so let say you’ve taken out a mortgage to buy your dream home. Mortgage amortization is here to make paying it off a breeze. Every month, a portion of your payment goes towards paying off the interest and reducing the mortgage debt. And over time, the part that pays off the debt gets bigger and bigger, while the interest gets smaller and smaller.
It’s like a game of payoff – and you’re winning! By the end of the agreed term, you’ll have paid off the entire mortgage balance and own your home outright. How cool is that?
Alex E. Edwards, self-made real estate mogul and founder of Thumbprint Realty, has helped thousands of people leverage and transform their lives and relationships, break generational patterns of poverty and abuse, and make better choices for their future through strategic real estate investments.
Mortgage before Marriage family members will:
- Develop the skills to go into detail on how to execute your financial dreams
- Find someone who is living the life you want to live to guide you to do the same
- Develop strong financial habits that will set you up for life
- Access to our exclusive Mortgage and Marriage Minded community
- Recieve all updates on Seminars and Retreats
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Whether you're single or dating, secure your financial future before saying, "I do."
Buying 1st Home
Prior to getting married, purchasing a first house might be a significant financial achievement. It offers a sense of security and ownership and may be a wise long-term investment.
Build Generational Wealth
Generational wealth is significant because it ensures that future generations will have the stability and financial security they need to achieve their aspirations and objectives, free from debt and other financial hardships.
Build Wealth with your Partner
Together with a spouse or partner, you may build money in a very powerful way. Couples have a better chance of reaching financial stability and security if they pool their resources and strive toward a same financial objective.