Why Your Loan Payoff Balance Is Always Higher Than Your Principal and What Negative Amortization Means

Why Your Loan Payoff Balance Is Always Higher Than Your Principal and What Negative Amortization Means

Matthew Collett
Published on: 15/05/2026

Payoff always exceeds principal balance. Matt Collett explains exactly why and what it means.

Mortgage
The Average Car Payment Is Costing Buyers Over 125,000 Dollars in Home Buying Power

The Average Car Payment Is Costing Buyers Over 125,000 Dollars in Home Buying Power

Matthew Collett
Published on: 14/05/2026

A $762 car payment costs $125K in buying power. Matt Collett explains the right order of operations.

Mortgage
If You Are a Cosigner on a Loan Here Is the Documentation Mistake That Could Hurt Your Mortgage

If You Are a Cosigner on a Loan Here Is the Documentation Mistake That Could Hurt Your Mortgage

Matthew Collett
Published on: 13/05/2026

How you handle cosigned debt payments affects your DTI. Matt Collett explains the right way.

Mortgage
Why Your Loan Payoff Balance Is Always Higher Than Your Principal Balance and What It Actually Means

Why Your Loan Payoff Balance Is Always Higher Than Your Principal Balance and What It Actually Means

Matthew Collett
Published on: 12/05/2026

Principal vs payoff confused a lot of borrowers. Matt Collett explains how loan math works.

Mortgage
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