LIFE MORTGAGE STATEMENT CONFUSED 75 words
Mortgage Statement Decoder
Your mortgage statement is a wall of numbers and none of them tell you what you actually want to know. This explains each figure plainly, shows how much of your payment goes to interest versus capital right now and how that shifts over time, and flags what to do if your rate is about to expire. For anyone who has never really read the statement.
My mortgage statement shows: {STATEMENT_DETAILS}. My mortgage type: {MORTGAGE_TYPE}. Original balance: {ORIGINAL_BALANCE}. Current balance: {CURRENT_BALANCE}.
Explain each figure in plain English. Tell me how much of my repayments are going to interest versus capital right now, and how that will change over time. If my rate is due to expire, tell me what I should be doing now and how far in advance. Flag anything on this statement that I should query with my lender. ⚠ human-in-the-loop: you are responsible for the results of using this prompt, not us.