ilmscore | Mortgage Interest Payments Predictions
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Accuracy

Recent Predictions

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Author
Predicted at
Status
Video
With a 30-year fixed-rate mortgage, it takes nearly 20 years for more than half of the monthly payment to go towards the principal.
"So, if you get a 30-year fixed rate mortgage today, it takes almost 20 years out of your 30-year mor..."
Nov 12, 2025
Pending
A significant portion of early mortgage payments goes towards interest for the bank, not principal repayment.
"more than half of your monthly payment is going directly into your Banker's pocket with interest bec..."
May 12, 2024
Pending
In the early years of a mortgage, a significant portion of monthly payments goes towards interest for the bank, with minimal impact on building home equity, due to the front-loaded nature of mortgage repayment schedules.
"Because your mortgages are front-loadorded, your banks want to get paid before you get paid. So duri..."
Feb 6, 2024
Pending