May 11, 2022Transcript
The amount of your student loan or mortgage payment that goes towards principal versus interest can shift over the term of the loan. In the beginning, much of your payment is applied to interest, whereas near the end, you’re paying mostly towards the principal.
This information provided is for informational purposes only and does not substitute consultation with a legal, tax or investment professional for important financial decisions. Laurel Road assumes no liability for loss or damage incurred by use of the information provided. Please visit laurelroad.com for full product details, terms and conditions.
All Laurel Road lending products are subject to credit approval.