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WHAT IS THE PRINCIPAL ON A MORTGAGE?
The principal on your mortgage is the amount of money your lender released to you to use to purchase your home, less any interest or other fees. It's the initial amount of money borrowed before any interest has been added. So, the principal decreases over time as you make payments on your mortgage, with a portion of each payment going toward the interest and a portion going toward the principal balance.
MORE FOR YOU
We offer personalized attention, outside-of-the-box thinking, proactive problem-solving, strategic planning, empathy, and leadership, and we believe in relationships first, then Real Estate.
COMMUNITIES
Danny specializes and services clients in the following cities and neighborhoods with a deep understanding of the real estate market in these communities.
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