Seychelle Thomas

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.

7+ years as a financial consultant.
3+ years in personal finance.
Work has appeared on MSN, GOBankingRates, Bankrate, AOL, Yahoo, Yahoo Finance, Yahoo Life, NewsBreak, American Military News, Miami Herald, Yahoo News, and Kiplinger.

Bio and experience

Seychelle Thomas is a personal finance writer with over seven years of experience, with expertise in debt consolidation, budgeting, banking, credit cards, and lending. She's a certified credit and lending expert through Nav Technologies.

Seychelle worked at PNC as a regional coordinator until shifting her focus to freelance writing and being a contributing writer at Kiplinger, LendEDU, CreditStrong, Lendio, and FreshBooks, She works as a contributing writer at GOBankingRates and credit card writer at Bankrate. Her work has been seen on MSN, Yahoo Finance, and AOL.