Principal, interest and escrow.

Where does a monthly mortgage payment go?

Setting up the mechanism…

Interest allocation: 900.00$
Principal reduction: 0.00$

Separate escrow deposit: 300.00$
Escrow shortfall: 0.00$

Fit the components before testing.

Where does a monthly mortgage payment go?

A servicer applies the loan portion to interest and principal, while escrow is a separate account used for scheduled property taxes and insurance. Escrow does not reduce the loan principal.

interest = balance × annual_rate/12 · principal = loan_payment−interest

What this model simplifies

One on-time fixed-rate monthly allocation in dollars. No fees, delinquency, capitalization, changing escrow analysis or legal/financial advice. Scheduled taxes and insurance are illustrative annual amounts. Source: CFPB escrow explanation.

Read the source · consumerfinance.gov ↗

Inspired by Sean’s community build ↗

Put it to work.

Reduce principal and fully fund this month’s illustrative escrow allocation.

Make it work.

Allocate payment to principal, interest and separate escrow.

Run

Fine adjustments 6

Principal balance$

Annual rate%

Loan payment$

Escrow deposit$

Annual property taxes$

Annual insurance$

Principal, interest and escrow.

Where does a monthly mortgage payment go?

Loading the experiment…

Figuvo

Understand by doing.

Understanding is something you do.

Figuvo is a place to look inside everyday things, build a connection, and discover the idea behind them.

177 interactive experiments. Each has a working model and a challenge to test what you found.

The original inspiration

Levers & fulcrums The surprising gyroscope The field cannon Inside the human body

Original demonstrations by The Bugged Dev. The teaching models and interactions here are new implementations.

Community builds

New teaching models inspired by public builds shared around Anatomy.

Anatomy · the original announcement How a rocket pushes through space · Gustavo Inside a tactile key switch · @retaqib Pressure through the coffee bed · Gustavo The overbalance wheel · Shawn A seconds pendulum clock · @Baconbrix Three feet on the ground · Soju Inside a layered particle detector · Yash A double-deck pressure cabin · Charlie Leave the spent booster behind · @quantapar Principal, interest and escrow · Sean Gear a Martian year · @samani_Two balls in, two balls out · @samani_Two slits, one probability pattern · @samani_Join through a clear plastic cover · Josh Brown Lay pipe without a sharp bend · @Phi10w Eight cylinders and a blower · @love4hxns Four columns under a Joglo roof · Nur Asyrof An office for dependent tasks · Yaroslav Yablonski One image, six editable layers · Meng To The Redis caching machine · @uviii_03 Inside the Sony CMD-J5 · Ann Afterburner thrust stand · Joshua Guo Open-back headphones · Surajan Shrestha Two-thread lockstitch machine · @slashui Signal factory · Dhruval Golakiya

All experiments

Principal, interest and escrow.

Where does a monthly mortgage payment go?

Setting up the mechanism…

Interest allocation: 900.00$
Principal reduction: 0.00$

Separate escrow deposit: 300.00$
Escrow shortfall: 0.00$

Fit the components before testing.

Where does a monthly mortgage payment go?

A servicer applies the loan portion to interest and principal, while escrow is a separate account used for scheduled property taxes and insurance. Escrow does not reduce the loan principal.

interest = balance × annual_rate/12 · principal = loan_payment−interest

What this model simplifies

Read the source · consumerfinance.gov ↗

Inspired by Sean’s community build ↗

Put it to work.

Reduce principal and fully fund this month’s illustrative escrow allocation.

Make it work.

Allocate payment to principal, interest and separate escrow.

Run

Fine adjustments 6

Principal balance$

Annual rate%

Loan payment$

Escrow deposit$

Annual property taxes$

Annual insurance$