Tag Archives : amortization

First Time Home Buyers Loan

First Time Home Buyers Loan

Buying a home for the first time and borrowing for it may difficult at first sight but there is always help available from lenders and real estate agents. You can also ask advice from your relatives and friend. Financial assistance can also be sought through may government schemes.

Mortgage Backed Securities And Their Risks

Mortgage Backed Securities And Their Risks

The WAL is a collection of assumptions and is one of the precise tools in the market. The WAL has the goal of helping the trader to make near to correct decisions for the yield. Furthermore, it helps the term of an MBS which manages to minimize the payment risks.

Repay Your Mortgage

Repay Your Mortgage

If you are a mortgage holder then you should try to pay it off as soon as you can. There are various reasons for which you have to pay off mortgage in a short period of time. The main reason is to save remarkable amount of money.

How to Write an IOU (Promissory Note)

How to Write an IOU (Promissory Note)

IOU or Promissory note is a commitment to pay a debt or loan at a certain time in future. these are 9 essential elements of a legally binding promissory note.

How To Manage Your Mortgage Refinance And Payback Period

How To Manage Your Mortgage Refinance And Payback Period

You can manage to pay your mortgage refinance and payback period when you understand some basic rules of the principles of amortization.

Negative Amortization Loans

Negative Amortization Loans

Amortization means the depreciation of debts through payments made by the borrowers. Negative amortization is a type of loan where even when the borrower pays installments still the principle does not decrease instead the interest keeps adding and hence increases the installments and total loan. People avail these loans as they find it easy to pay the low installments earlier.

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