amortization

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Dec 11, 2019 by Laks Srini · across every show →

Everything said about amortization, oldest first

Dec 11, 2019 neutral
Assertion Partly supported
Srini: A 4% mortgage pays off only ~8% principal in 5 years
“Even with a 20% down, a four percent interest mortgage, you would have paid off only close to eight percent of principal in five years.”
Laks Srini Dec 11, 2019 ▶ 5:40 Laks Srini on Making Homeownership in Reach with ZeroDown · Y Combinator
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