The Real Costs of Mortgages

For every hundred thousand dollar mortgage decision i make, if it saves me 434 dollars a month, why does that matter? Well, what if you took that four 34 and you decide, i'm going to save that every month over the course of the entire 30 years on paying off the mortgage? And let's say that we can earn eight % on average while we're in those dollars? Well, after 30 years, you would have saved a total of a hundred and 56 thousand, 674 dollars. That's just four 34 times the number of months. However, when it grows and you allow compounding interest to do what compounding interest does, that monthly 434 dollars of savings