Here we're gonna talk about graduated payment mortgages which are sometimes abbreviated as GPM. So a graduated-payment mortgage is a mortgage in which the payments are going to gradually increase or step up over time. So for example in the first…
Today I'd like to discuss kind of the costs and benefits of choosing a 15-year mortgage versus a 30-year mortgage. So let's just say that you decided to buy a home and you'd like to borrow $90,000 from a lender. Let's just say that …
A mortgage is just a loan in which real estate is serving as the collateral for the loan. So you decide that you want to purchase a home, for example, and you put the home off the real estate as collateral to the lender. So who's the lender? Wel…
We have a really nifty formula that we can use to calculate mortgage payments. So the monthly payment that's due your mortgage payment is going to be equal to the principal that's how much money you're borrowing. Mortgage Calculation For…
In the negotiation process for a typical merger, we're going to go through each one of the steps one by one. So let's start with: The Initial Approach It could be initiated by either the buyer or the seller . For the buyers, you've got…
