Chapter 15 Reading, The Cost of HomeOwnership

Descripción

Business/Economics Mapa Mental sobre Chapter 15 Reading, The Cost of HomeOwnership, creado por Emily McIntosh el 07/07/2022.
Emily McIntosh
Mapa Mental por Emily McIntosh, actualizado hace más de 1 año
Emily McIntosh
Creado por Emily McIntosh hace alrededor de 2 años
2
0

Resumen del Recurso

Chapter 15 Reading, The Cost of HomeOwnership
  1. Types of Loans
    1. Fixed Rate (30 yr or 15 yr)
      1. Graduated payment mortgage (GPM)
        1. Adjustable rate mortgage (ARM)
          1. Home Equity Loan
            1. Interest-only mortgage
              1. bi-weekly mortgage
              2. Amortization
                1. Calculate by Table
                  1. Formula:(Amount of Mortgage/1000) X Table rate
                  2. PITI (Principal, Interest, Taxes, and Insurance)
                    1. Monthly Payment Breakdown
                    2. "Extra Costs"
                      1. Repairs & Maintenance
                        1. Closing Costs
                        Mostrar resumen completo Ocultar resumen completo

                        Similar

                        Mortgage Repossession Case Law (English law)
                        Sarah King
                        4 Types of Resources
                        Olivia t
                        Chapter 14 Key Terms
                        Theresa Horstmann
                        Consumer financial protection laws
                        Elizabeth Benkert
                        Rationality Assumption: "Homo Economicus" (Ch 1)
                        Olivia t
                        Chapter 15 Key Terms
                        Theresa Horstmann
                        CeMAP 1: Financial Regulation
                        Rajendra Manandhar
                        QBO Chapter 7 Key Terms
                        Joel Johnson
                        QBO Chapter 9 important terms
                        Joel Johnson
                        High Student Loans
                        Blackbirdsinging
                        Chapter 6 Key Words
                        Joel Johnson