Mortgage Minute: What are the 7 parts of a mortgage payment?

Ever wondered what goes into a mortgage payment? Doug talks about the 7 things that make up the payment, including principle, interest, taxes, insurance, escrow,  PMI and HOA/condo fees. As a physician borrower, you should not be paying PMI!

If you have specific questions, Doug is always happy to answer them if you call/text 816-728-3631 or email Doug.Crouse@BMO.com. You can also get his free 200-page book to learn more about physician loans at www.DougCrouse.com.