jtrem714
New Member

Deductions & credits

Thank you for your help.

 

I paid a total of $25,394.86 in interest. Each 1098 shows $12,697.43 in box 1 


Box 2 on each 1098 shows the outstanding mortgage balance of $628729.34 


That is the correct loan balance.

 

So it’s thinking the loan balance is over a million correct? 

if that is the case is that amount wrong and it  should show box 2 with a balance $314,364.67 since the loan is secured by two different people (lenders)?