Interest is the fee you pay the lender for lending you money, a percentage of the total amount you borrowed to buy your home. Taxes A portion of your monthly payments likely goes into anescrow account, and from
which will show you exactly how much of your paycheck is being deducted. The stub includes gross pay, which is pay before any deductions are taken out, as well as net pay, which is what is left once deductions have
then most people should as well. It takes discipline to avoid the allure of high priced luxury cars and that $500k house. Too many people fall into that trap and join the category of “All hat and no cattle,” thus living paycheck to paycheck. Keeping things simple over long term will ...