How do you calculate interest rates? What is the Principal of a loan? With rising interest rates and interest rate hikes, it is essential to learn what the difference is between these terms when looking to acquire your next real estate property. This applies to first-time home buyers, hard money loans, or someone looking for a Jumbo loan. Authorized User Tradelines: https://wholesomefinancials.com/ If you Have questions about mortgages or want to talk about your options for buying a house, contact me! Email 📧 : susan.mc@msjmortgage.com Phone ☎️ : 310-600-0880 If you need help with your credit: Email 📧 : info@wholesomefinancials.com IG: Wholesome_financials Mission San Jose Mortgage Susan Mcausland Mortgage Loan Officer NMLS: 1855690