Derrick Evans (@DerrickEvans4WV) “American family bought a home for $138,000. After the first year they had sent t” — TopicDigg
Derrick Evans
@DerrickEvans4WV
加入 October 2024
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American family bought a home for $138,000.
After the first year they had sent the bank $9,286.
After interest, taxes, and insurance, ONLY $952 went toward the loan.
Sad how many Americans don’t know anything about interest or how it works until it’s too late.
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An American buys a $138,000 home.
She sends the bank $9,286.
After interest, taxes, and insurance, ONLY $952 goes toward the loan.
$8,300 is PURE interest.
This is how the system turns ownership into a lifetime of payments.
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