this post was submitted on 09 Jan 2026
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[โ€“] threeduck@aussie.zone 7 points 2 days ago (1 children)

In two years I've paid $104,000 to my mortgage!

...why is it only $17,000 lower...

[โ€“] Venat0r@lemmy.world 5 points 1 day ago (1 children)
[โ€“] aliceblossom@lemmy.world 2 points 1 day ago

The key phrase is "amortization schedule". It's bullshit and for collusory reasons no banks compete on it, they all use the same one.