Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

When it comes to your monthly mortgage payment, you're not just paying off the sticker price of the home. Your payment typically covers the principal and interest, taxes, and insurance -- together ...

When you take out a loan, you typically have to pay interest on the amount you borrowed. Interest is the cost of borrowing money — it’s how your lender earns a profit and offsets the risk of lending.