Most of the monthly payment during the early years of a mortgage loan goes for principal repayment.

Name: Most of the monthly payment during the early years of a mortgage loan goes for principal repayment.
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During the early years of a mortgage loan, most of the monthly payment goes towards paying off the interest rather than the principal. It is only towards the later years of the loan that the majority of the payment is directed towards principal repayment.

Most of the Monthly Payment During the Early Years of a Mortgage