In this episode, of Murphy On Money Michael discusses 3 points on mortgages which are not well understood.

How interest is calculated.
Term and the effect on interest paid.
The mortgage interest tax deduction. 
If you are a homeowner or plan to be someday understanding these 3 things could save you thousands!   I hope you'll enjoy. 

Read the post at: https://www.murphyonmoney.com/things-we-should-all-know-about-mortgages/

Thanks for listening!