Most people negotiate the lowest interest rate on their mortgage… but that’s not the real problem. The real wealth leak is interest volume, the total dollars that leave your bank account and go to someone else.
In this clip, mortgage veteran Mike Smela (17 years in the industry) breaks down why a “6% mortgage” can translate into an enormous lifetime interest cost, especially early in amortization when most of your payment goes to interest.
We also explain:
Interest rate vs interest volume
Why your first payments mostly interest
What “banker’s math” really looks like in real life
How Infinite Banking helps families recapture and reuse capital across generations
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00:05 Meet Mike Smela (IBC Since 2011)
00:13 Where Is Your Interest Actually Going?
00:26 Episode 39: Interest Rates vs Interest Volume
01:15 Why Interest Volume Matters More Than Rates
01:35 “A 6% Mortgage” Over the Life of the Loan
01:51 The Question: Why Not Get It Back?
02:15 Do This + Keep Doing What You’re Doing
02:36 Why People Don’t Understand Interest Volume
02:54 Negotiating Rates Isn’t Wrong (But It’s Not Enough)
03:04 Rate vs Real Dollars: Leaving Your Life
03:13 Example: $1,000 Payment Breakdown
03:43 Early Mortgage Payments = Mostly Interest
03:45 Keep Money in the Family (Don’t Spread the Wealth)
04:13 “Banker’s Math” Explained
04:46 Why It Looks Like Smoke & Mirrors
05:06 How Banks Calculate Interest (Simple Breakdown)
05:42 What Amortization Actually Does
05:59 Borrowing Money: Yours or Someone Else’s
06:39 Awareness Changes Financial Decisions
06:59 Taking Back Control for Generations
07:09 Freedom, Less Stress, More Joy
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Keep Taxes Away From Your Wealth (Book + Bonuses): https://keeptaxesaway.com
Don’t Spread the Wealth: https://dontspreadwealth.com
Watch Next: https://youtu.be/PU910ILxYSw
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