In a monthly mortgage payment,a smaller amount is devoted to interest expense than in the previous month's payment.

Name: In a monthly mortgage payment,a smaller amount is devoted to interest expense than in the previous month's payment.
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This is because as you pay down the principal balance of the loan, there is less outstanding principal that interest can be charged on, resulting in a lower interest expense in each subsequent monthly payment.

In a Monthly Mortgage Payment,a Smaller Amount Is Devoted to Interest