In Part 2 of this eye-opening conversation with Michael Lush, we break down the actual math behind your mortgage—and it’s probably not what you think. Michael dives deep into the rate of interest versus your interest rate, exposing how banks use common misconceptions to keep consumers stuck in a lifetime of debt. We discuss the truth behind the “total interest percentage” (TIP), how much you really pay over 30 years, and why your mortgage might be silently costing you hundreds of thousands of dollars.

You’ll learn:

-Why your 3% interest rate isn’t actually 3%

-What TIP really tells you—and how to find yours

-How home equity lines of credit (HELOCs) can be smarter than savings accounts

-What to do if you lose income—and how a mortgage vs. a HELOC responds

-How to start playing offense with your finances and build true liquidity

If you’re ready to challenge everything you’ve been told about homeownership, debt, and financial planning, this is a must-listen. And don’t forget—Michael shares exactly where to go to run your own numbers and start making smarter decisions today.

Enjoy!

Find Michael:

https://www.youtube.com/@ReplaceYourUniversity

Steve’s Instagram:

https://www.instagram.com/stephenkopshaw/