That mortgage statement just landed, and it might as well be in a foreign language. PITI, APR, Escrow... are you just paying the bill, or do you truly understand where your money is going?
For real estate investors and homeowners, mastering your mortgage isn't just smart—it's the foundation of your entire financial strategy.
In the first episode of our special mortgage series of the 5-Minute PRIME Podcast, host Martin Maxwell provides the ultimate borrower's toolkit to deconstruct this critical financial instrument.
Tune in to learn:
- Your Monthly Payment Pizza: A slice-by-slice breakdown of Principal, Interest, Taxes, and Insurance (PITI) and where every dollar really goes.
- The Sticker Price vs. The Real Cost: Why the Annual Percentage Rate (APR) is the only number that truly matters when comparing loan offers.
- The Great Debate Settled: A clear guide to choosing between a Fixed-Rate and an Adjustable-Rate Mortgage (ARM) based on your specific investment strategy.
- The Foundational Toolkit: How mastering these basics protects your wallet and sets you up for smarter, more profitable financing decisions.
Are you ready to stop being confused by your biggest bill and start making empowered financial decisions? Subscribe now for the essential first chapter in our guide to mastering the mortgage.
Thank you for tuning in to the 5-Minute PRIME Podcast! Ready for more tips to master personal finance and real estate investing? Visit REIPrime.com for additional resources and strategies to build your wealth. Don’t forget to subscribe, leave a review, and share this episode with someone looking to level up their finances. Follow us on social media for daily updates and more actionable advice!
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Cardiac Cowboys
The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.