ilmscore | Prediction Details
"for the first about 14 years of your mortgage the majority of your mortgage payment is going to be going to interest in your banks pocket"
By Minority Mindset | September 25, 2023 | Pending
From video
The Rich Don’t Buy Dumb Things With Hard Earned Money (They Do This Instead) 00:05:20 - 00:05:28
Interpreted Prediction
For approximately the first 14.5 years of a 30-year mortgage, the majority of the payment goes towards interest for the bank, not towards the principal or equity.

Prediction Details

Topic
Mortgage payment allocation

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