1 / 7

MORTGAGE FINANCE GUIDE FOR BEGINNERS

Mortgages are a major financial responsibility. Make sure you understand what you are taking on before you commit to one. Check a Beginner's Guide to mortgage finance.

Roebuck0088
Download Presentation

MORTGAGE FINANCE GUIDE FOR BEGINNERS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. MORTGAGE FINANCE: GUIDE FOR BEGINNERS By

  2. What is Mortgage Finance • Mortgage is a loan from a bank or a financial firm that helps you to buy a house or a real state property. • The house you buy being kept as security in exchange for the money • Mortgage amount paid on monthly basis including principal, interest, taxes and insurance

  3. Mortgage Structure

  4. Types of Mortgage

  5. Mortgage Calculated formulas (1+r)^n M = Pr (1+r)^n – 1 Where: M= the value of the single sum after n periods Pr= amount of the single sum now r = theapplicable interest rate n = the length of the period

  6. Steps to get Mortgage Loan

  7. Let’s Talk About Mortgage finance Roebuck Lifetime Phone: 0208 3960889 Email: info@roebucklifetime.co.uk Website: https://roebucklifetime.co.uk Address: Epic House, 128 Fullwell Road, Teddington, London, TW11 ORQ Thanks:

More Related