Mortgage loan • Wells Fargo

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A mortgage payment is typically made up

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of four components: principal, interest, taxes and insurance.

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The Principal portion is the amount that pays down your

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The Principal portion is the amount that pays down your

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outstanding loan amount. Interest is the cost of borrowing money.

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The amount of interest you pay is determined by your interest rate and your loan balance

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Mortgage loan • Wells Fargo

A mortgage payment is typically made up

of four components: principal, interest, taxes and insurance.

The Principal portion is the amount that pays down your

The Principal portion is the amount that pays down your

outstanding loan amount. Interest is the cost of borrowing money.

The amount of interest you pay is determined by your interest rate and your loan balance

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