Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about 50 year loan: | |||||||||||||||||||||||
Selecting the Term on a Mortgage
August 15, 1998, Revised September 7, 2005 What Is the Mortgage Term? The term of a mortgage is the period used to calculate the mortgage payment. It should be distinguished from the maturity, ... more... How Does Negative Amortization on a Mortgage Work? September 15, 1998 Negative Amortization and Related Concepts Ordinarily, the mortgage payment you make to the lender has two parts: interest due the lender for the month, and amortization of principal. Amortization means ... more... |
|||||||||||||||||||||||
50 year loan related definitions |
|||||||||||||||||||||||
Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... Bridge Loan Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more... |
|||||||||||||||||||||||
More about 50 year loan Should You Use a Lease/Purchase (Rent to Own) Approach to Sell or Rent Your Home? Mortgage-Refinance Loan Measurment 101 -- Evaluate Your Own Ability to Pay Debunking the FAFSA Myth Student Loan Consolidation Can Help Apartment Financing Explained What's in My Credit Report? Is a Risky Mortgage Right for You? Stop Debating it -- LeBron James is the Best Basketball Player on the Planet! What Students and Parents MUST Know about Student Loans Mortgage Marketing: What To Expect From Your New Website
|
|
||||||||||||||||||||||
|