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 Buying Country Acreage and Rural Properties, To Buy or Not To Buy Credit Card Purgatory - A 7 Step Comprehensive Plan to Get and Stay out of Credit Card Hell Home A Loan Stop Losing Thousands of Dollars Every Day: Six Tips For Creating Wealth Top 5 Reasons To Check Your Credit Report Regularly How to Buy a Home Without a Down Payment Refinance Your Car Loan - 3 Tips For Refinancing Your Auto Loan Online How Commodity Trading Differs from Stock Trading Creative Home Equity Strategies for Retirement How to Refinance Your Auto Loan Online?
|
|
||||||||||||||||||||||
|