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Nash O'Hara

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4y ago
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Cards in this guide (7)
What is an amortization schedule

a display of the number of payments and the amount of interest that will be paid.

If you are interested in what an amortization schedule is, there are many information websites to help you. However, to answer you question, it is a calculator used to calculate loan payments and how much goes towards the interest and how much goes towards the principal.

Which term is defined as a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower

Armadillos are eaten by coyotes, bobcats, cougars, wolves, raccoonsand bears. Birds of prey such as eagles and hawks also eatarmadillos. Even people eat armadillos. In Central and SouthAmerica, their meat is sometimes used as a substitute for pork.

What is money put down by a potential buyer to show that he or she is serious about purchasing the home

earnest money

When is mortgage insurance typically required

when the down payment is under 20% of the homes purchase price -kaya :)

What can you expect the down payment on a mortgage loan to be

from 10% to 40% of the selling price of the home

Which type of interest is calculated on home mortgages

compound

Which of these describes an adjustable rate mortgage

it is subject to changes in interest rates.

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