Bonus Episode 2 — The Mortgage Part 1: Choosing the Bank

Almost everyone shopping for a mortgage compares the wrong number.The rate you're quoted isn't the cost of your mortgage — it's one component of it. In this first of two bonus episodes, Jorge breaks down what you're actually paying: the reference rate the bank doesn't control, the spread it does, and the insurances and commissions that never appear in the headline figure.You'll learn why the same borrower gets meaningfully different prices from different lenders, why the insurance the bank sells you is rarely the cheapest available, why some of your costs rise every year without anyone asking your permission, and the one number worth comparing between offers.Plus the single most valuable thing you can do before signing — and why three offers beat two.Mortgages differ enormously between countries. The anatomy doesn't. Learn it once, and you can read any offer, anywhere.Part of The Foundation Years — a Beyond PiggyBanks series.Bonus Episode 2 — The Mortgage, Part 1: Choosing the BankShow notes and full episode summary: https://www.beyondpiggybanks.com/episodes/episode-b0102.html