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Mortgage Professor about deductable interest: | |||||||||||||||||||||||
How Does Simple Interest Work?
January 5, 2004 "What are the benefits/drawbacks of a simple interest loan versus a traditional mortgage? Which would you take if offered the choice?" I would select a traditional mortgage. If ... more... Interest-Only Mortgage Tutorial Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more... |
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deductable interest related definitions |
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Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... Variable Rate Mortgage Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... |
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More about deductable interest Do Your Homework - Find the Mortgage That Fits Your Lifestyle and Your Budget Tips Regarding Interest Only Loans Mortgage Glossary - A Glossary of Mortgage Terms You Should Know Adjustable Rate Mortgage - How They Work? The Wonders of Compound Interest Florida Interest Only Mortgages A Critical Guide to Home Loans: Your Options and How They Affect Your Future Thought Fixed Rate Will Give You a Respite from the Perils of Variable Rates! Think Again Investing in Real Estate Profitably: Financing Options for Purchase of Rental Houses, Part 1. Tips for Finding a Low Interest Loan
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