Home Mortgages 101 (For First Time Home Buyers)
A mortgage is one of the biggest and longest-term loans that a household will ever take on, so it makes sense to understand it inside and out.
In this video we will talk about:
1. The 4 factors that make up a home mortgage
2. The 7 different types of mortgages
3. A live demo through my home affordability spreadsheet
4. A live example of an amortization table (15 years vs 30 years)
It’s important to understand everything that goes into a home mortgage. It is also important to understand how adjusting the loan amount, term, and interest can affect the amount of money you pay overall.
In my humble opinion, this video is a great resource for learning about mortgages as a beginner or first time home buyer!
Enjoy, and please share this video on social media with a friend!
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Instrumental Produced By “Chuki Beats”
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
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