Interest
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X @Ansem
Ansem 🧸💸· 2025-07-12 17:13
i dont really understand these tweetsdo adults genuinely not understand how interest works?Mark Palmer (@MarketPalmer_):We're 4 years into our mortgage.We've paid over $95,000 in mortgage payments – but our balance has only gone down by $31,000.The other $64,000 went to interest, taxes, and insurance.So yeah – owning a home costs a lot more than the price of the home. ...
X @Forbes
Forbes· 2025-07-09 19:13
The Trump administration will begin charging interest on the loans starting Aug. 1, the Education Department announced Wednesday, though borrowers will not have to resume making payments until the forbearance period ends.https://t.co/jOpCqg7MKE https://t.co/aWlBubhFAo ...