For a long-term home loan,such as 30 years,the amount of principle you pay on your loan during the first few years is quite small.

Name: For a long-term home loan,such as 30 years,the amount of principle you pay on your loan during the first few years is quite small.
Brand: Quizplus
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Quizplus · Accepted Answer

This is because the majority of the payments go towards interest during the early years of the loan, with the amount of principal payments gradually increasing over time.

For a Long-Term Home Loan,such as 30 Years,the Amount of Principle