Between 2001 and 2005, the couple took out five mortgages on the house, rolling one loan into the next mortgage. (miamiherald.com)
Use NerdWallet's mortgage interest deduction calculator to find out what this means for your next mortgage. (nerdwallet.com)
If you don't believe me, just look at your next mortgage statement next month and compare the «interest due» vs. the «principle due» (principle is the actual amount remaining on your loan's balance). (treesfullofmoney.com)