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Podcast: Financial Residency
Episode: Mortgage Minute: What are the 7 parts of a mortgage payment?
Description: Ever wondered what goes into a mortgage payment? Doug talks about the 7 things that make up the payment, including principle, interest, taxes, insurance, escrow, PMI and HOA/condo fees. As a physician borrower, you should not be paying PMI! If you have specific questions, Doug is always happy to answer them if you call/text 816-728-3631 or email [email protected]. You can also get his free 200-page book to learn more about physician loans at www.DougCrouse.com.