[cmg83]

...calculate interest portion of payment? If i pay 720ish every 2 weeks for my mortgage and it says my on my mortgage that 80 ish is for property tax so i pay 635 every 2 weeks principal and interest on the mortgage at a rate of 7.89% then what is the amount i pay for interest only fro mthat 635?????If my calculation is correct - i pay 590 principal and 46 interest every 2 weeksBut that doesnt sound right because i thought interest was the most part of your mortgage so principal is the least amountSo is there a formula to calculate what is interest and what is principalReason i am asking is because my wife and i do a part time home business and the accountant for taxes is asking for the amount i pay for interest only so i can write that off as a business expense