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OCR Amortization Schedule

OCR Amortization Schedule

Aug 6th, 2022

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How to OCR Amortization Schedule

4.7 out of 5

30 votes

In this real estate exam prep video, instructor Paul Vojchehoske explains how to calculate principal, interest, taxes, and insurance (PITI) using an amortization schedule. The video emphasizes the components that constitute a monthly mortgage payment, highlighting the importance of understanding these basics. Paul notes that the principal and interest, often referred to as P&I, are crucial parts of the payment structure. For viewers seeking a more in-depth understanding, he recommends watching a previous video on the same topic, which he links to in the video. The tutorial aims to aid viewers in grasping the calculations necessary for managing mortgage payments effectively.

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