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Tim Rhey Team Tim Rhey, True Rate Mortgage Group, Powered by Altamont Funding, an Equal Housing Lender. Xpert Home Lending, Inc.

https://www.true-rate.com/

IMPORTANT: True Rate Mortgage Group, LLC is a division of Xpert Home Lending, Inc. (XHL) is not a law firm, tax, or financial planning organization. XHL does not provide legal, tax, or financial planning advice. NMLS Consumer Access: https://mortgage.nationwidelicensingsystem.org/about/Pages/NMLSConsumerAccess.aspx

Privacy Policy:
https://www.true-rate.com/privacy-policy/

04/09/2026

60 payments later… and you still owe $374,444. 😳

That’s the part nobody explains when you get a mortgage.

On a $400K loan at 6.5%, after 5 years you’ve paid about $151,696…

…but only $25,556 went toward principal.

That’s just 16.8%.

Mortgage math can be brutal — unless you know how to work it.

DM me “MATH” and I’ll show you the breakdown.

personalfinance moneytips mortgagebroker homeownership truerate

03/09/2026

What if $2,000 could help you get $10,000 back at closing? 👀🏡

Here’s the strategy:

On a $400K home, 20% down = $80K.

But if the seller is willing to give you $10K in concessions, you may be able to structure the offer higher and use that $10K toward closing costs, prepaid expenses, or even a temporary rate buydown.

And your added down payment? Roughly $2,000 more.

That’s why I keep saying: don’t just negotiate the price. Negotiate the structure.

The smartest offer isn’t always the lowest offer.

Save this one. Send it to somebody buying a house right now.

Seller concessions, appraisal requirements, loan limits and allowable uses vary by loan program and transaction. This is a simplified example, not a guarantee of savings or approval.

03/09/2026

🏡👊🏼🤓HOME BUYERS — REMEMBER THIS NUMBER.

$10,000.

When 30-year mortgage rates are somewhere in the 6s, every additional $10,000 you borrow is roughly $60-something a month in principal and interest.

So, roughly:

$20,000 more = $120-something/month
$50,000 more = $300-something/month
$100,000 more = $600-something/month

Why does this matter?

Because buyers see a house that’s $50,000 more and immediately think:

“Nope. Too expensive.”

Maybe it is.

But don’t make the decision based on the big scary number.

Break it down to the monthly payment and ask:

Is this house worth another $300-something a month to me?

Maybe yes.

Maybe absolutely not.

But at least now you know what you’re really deciding.

I’m not telling you to spend more.

I’m telling you to understand what “more house” actually costs.

Save this one. You’ll use it.

Quick math only: Based on a 30-year fixed mortgage with a rate in the 6% range. Principal and interest only. Actual payment will vary by rate, loan amount, term and loan program. Taxes, insurance, mortgage insurance, HOA dues and other costs are not included.

HomeBuyer HouseHunting MortgageMath TrueRateMortgage

03/09/2026

🚨 BAD NEWS if you’ve been a “good homeowner” and made every mortgage payment on time.

Let’s say you start with a $400,000 mortgage.

30-year fixed.
6.5% rate.
About $2,528/month in principal + interest.

Now do everything right for 5 straight years.

60 payments.
No missed months.
No late payments.

You’ll have paid about $151,700…

…and your remaining balance is still about:

$374,444. 😳

That means after 5 YEARS, you only knocked off about:

$25,500 of principal.

That’s the part of a 30-year mortgage most people never really think about.

Early on, a huge chunk of your payment is going to interest.

But here’s where it gets interesting…

There’s a simple way to attack the principal harder and potentially cut YEARS off the loan.

I’ll show you that next. 👀

Save this. Send it to someone who owns a house. And follow for Part 2.

Example only: Assumes a $400,000 loan, 30-year fixed at 6.5%, with principal-and-interest payments only. Actual payments, interest allocation, and remaining balance vary based on loan terms, payment timing, and loan program. Taxes, insurance, HOA dues, mortgage insurance, and other costs are not included.

RealEstate MortgageHack FinancialLiteracy FirstTimeHomeBuyer TrueRateMortgage

August was a strong month. 🔥Through our partnership with Altamont Funding, the team closed:51 loans$26.3 million in volu...
02/09/2026

August was a strong month. 🔥

Through our partnership with Altamont Funding, the team closed:

51 loans
$26.3 million in volume
39 purchase closings
12 refinances

These aren’t “my” numbers — they represent the production of the entire Altamont Funding team, including True Rate Mortgage.

And that’s exactly why the partnership matters.

At True Rate, our clients get the personal service and local accountability of a boutique mortgage company — backed by the strength, lender access, technology and infrastructure of a much larger mortgage platform.

Small enough to care. Big enough to compete.

Proud of what this team accomplished in August. And even more excited about what’s ahead.

Tim Rhey
Owner | True Rate Mortgage Group
In Your Best Interest.

MortgageLender HomeBuying Refinance MortgageProfessional NorthernColoradoRealEstate

02/09/2026

I’d make the caption feel like a warning, not an ad:

🚨 PLEASE STOP COMPARING MORTGAGE QUOTES THAT AREN’T REAL LOAN ESTIMATES.

A worksheet is not a Loan Estimate.
A screenshot is not a Loan Estimate.
A payment quote is not a Loan Estimate.
And a fancy PDF somebody made themselves is not a Loan Estimate.

There’s a reason the real LE is standardized: it gives you a much better way to compare rate, points, lender fees, credits, and cash to close from one lender to another.

So if you’re shopping for a mortgage, say these six words:

“SEND ME THE REAL LOAN ESTIMATE.”

Then put them side by side.

Don’t get tricked by the prettiest quote. Compare the actual deal.

I’m Tim Rhey, Owner of True Rate Mortgage.
Here’s something you should know.

Save this before you shop for a mortgage — and send it to somebody buying a house. 🏠

LoanEstimate HomeBuyer MortgageBroker TrueRateMortgage

02/09/2026

$97 a month can look meaningless… until you see what it can do to a 30-year mortgage.

On a $400,000 loan at 6.5%, adding just $97/month toward principal can save roughly $178,000 in interest over the life of the loan.

That’s the part nobody talks about enough.

You don’t always need a giant lump sum. Sometimes the smartest move is simply making a small, consistent investment into your own house.

Would you pay $97 more each month to save $178,000?

Save this. Send it to someone with a mortgage. And if you want me to run the math on your actual loan, message me “97.”

Example assumes a $400,000 30-year fixed mortgage at 6.5% with an additional $97/month applied to principal. Actual savings vary based on loan terms, timing, and payment history.

PayoffYourMortgage TrueRateMortgage

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