I was WRONG | How does Mortgage Amortization affect your Wealth?

Mortgage Amortization can be a confusing topic for new home buyers. AJ owns several homes, built an amortization calculator from scratch, AND still got confused in a conversation about it. AJ explains what Amortization is, how it evolved in the US over time, shows an example using the Wealthy Idiots Mortgage Calculator, and lastly, what this means for building your wealth!

Check out our COMPOUND INTEREST CALCULATOR as described in the show:
https://www.wealthyidiots.com/calculators/compound-interest

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