Home / Series / The Mathematics of Everyday Life / Aired Order / Season 1 / Episode 2

How Mortgages Really Work

Go house hunting, analyzing your monthly and total payments at different mortgage interest rates and terms (15-year versus 30-year). Learn the formulas behind online mortgage calculators to get deeper insight into the snowballing effect of interest expenses across time. Also consider whether it makes more sense to rent than to buy, weighing the hidden costs of home ownership over the benefits.

English
  • Production Company United States The Great Courses
  • Created April 25, 2022 by
    Mandarin7584
  • Modified June 25, 2023 by
    RicaRaducanu