Most first-time buyers worry about getting a "good deal" on a house, but the real place people lose money is on their mortgage. In this episode, I break down how interest actually works, why amortization is so misunderstood, and how a normal 7% rate on a $400,000 loan quietly turns into almost a million dollars over 30 years. I share the questions lenders hope you don't ask, the numbers to run before you buy, and the steps that help you get a better rate and keep more of your money long-term. Tune in to learn how to avoid the most expensive mistakes buyers make.

In This Episode, You Will Learn

• Why most people misunderstand mortgage interest rates.

• How amortization quietly shifts most of your early payments straight to interest.

• Why your mortgage barely goes down in the first few years (and why that's normal).

• How to use an amortization calculator to see your true long-term costs.

• How a quarter-point difference in your rate can save tens of thousands of dollars.

• The credit score ranges that unlock the best mortgage pricing.

• Why you should always get quotes from multiple lenders.

• Post-closing strategies that reduce your total interest.

Resources + Links

Learn more about Mortgage Amortization Calculator (NerdWallet) HERE

Check Today's Average Mortgage Rates HERE

Check Your Credit Free HERE

Get Your FREE Homebuying Masterclass HERE

Follow 

Instagram: @iamstacierihl

Website: stacierihl.com

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