Writer, editor

Kelly Larsen

Principal: This money is applied straight to your loan balance.
Interest: This is the cost of borrowing the money. How much you’ll pay is indicated by your interest rate.
Escrow costs: If you opt to use an escrow account (or your lender requires it), you’ll also have your property taxes, mortgage insurance , and homeowners insurance rolled into your monthly mortgage payment.

10+ years in finance.
Student loan expert.

Bio and experience

Kelly Larsen has been a finance writer and editor for more than 10 years, covering mortgages, student loans, credit and debt management, and budgeting.

Kelly worked as a finance editor at Round Feather, where she helped launch the award-winning financial well-being app Paven. She also worked as a project editor at Printers Row Publishing Group and a senior content writer at Safe2Drive.

Education

Kelly has a degree in English literature from San Francisco State University.