Understanding the Components of Your Mortgage Payment When you take out a mortgage loan, your monthly payment is typically divided into four main components: principal, interest, taxes, and insurance (often abbreviated as PITI). Understanding these components can help you better manage your finances and potentially save money over the life of your loan. At O1ne […]
Tag: homeowners insurance
Understanding Home Insurance Deductibles: A Comprehensive Guide When it comes to homeowners insurance, there are several factors to consider to ensure you have the right coverage. One of the most important aspects is the insurance deductible. At O1ne Mortgage, we understand that navigating the complexities of home insurance can be daunting. That’s why we’re here […]