I was wrong About "Amortized Mortgage" vs. Simple Interest

In this video, I take a closer look at the key differences between amortized mortgages and simple interest loans—and why I was wrong about some of the assumptions I initially made. Amortized mortgages and simple interest loans both impact how much you end up paying, but understanding how each one works is crucial to making smarter financial decisions. We’ll dive into how interest is calculated on both types of loans and what that means for your monthly payments and overall debt payoff strategy.

Join me as I break down the pros and cons of each loan type and share the real truth about which option might work best for you. Whether you're a homeowner or thinking about taking out a loan, this video will give you a clearer understanding of the financial implications of choosing an amortized mortgage vs. a simple interest loan. Don’t miss this opportunity to learn from my experience and avoid making the same mistakes! #mortgagetips #simpleinterestloan #amortizedmortgage #loanadvice #financialplanning #debtrepayment #homeloans
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*DISCLAIMER* The suggestions, advice, and/or opinions that are given by Sam Kwak and Daniel Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold The Kwak Brothers and its brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based on experience.