week C Cue Cards

Description

REH
dylan_earl
Flashcards by dylan_earl, updated more than 1 year ago
dylan_earl
Created by dylan_earl over 9 years ago
8
0

Resource summary

Question Answer
What is a mortgage? Two parties involved in a promise from the Borrower (Mortgagor) to the Lender (mortgagee)
Down payments are *usually* paid in cash T/F True
What is an Amortization Period Period it takes to retire the entire mortgage loan
The longer the amortization, the smaller the mortgage payment. However the larger the interest T/F True dat
What is a floating mortgage rate? A rate that depends on market conditions (Variable Rate)
Show full summary Hide full summary

Similar

Unit 4 The Accounting Cycle
a.j.hemphill
Finance- Break even
cesleviciutek
Chapter One: Introduction to Accounting
charlotte.power9
AS - Buss1 - Formula Cards
Sophie Davis
Economy Terms
Lex R
Finance - Balance sheets
cesleviciutek
Financial Ratios
Liz Barraclough
Finance sources of Finance
cesleviciutek
Investment Planning Part 1
callum.thomson
Week I Cue Cards
dylan_earl
Week F Cue Cards
dylan_earl