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Vocab

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Question
Answer
show income  
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a fixed annual sum paid at regular intervals, usually monthly, to an employee especially for professional or clerical work   show
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an amount of money, a service, or an item of property that is owed to somebody   show
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the job by which someone earns a living   show
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related to or considered appropriate to a rank in society   show
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show loan  
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the period of time that it will take the borrower to repay the loan   show
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show mortgage  
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who could the lender of a mortgage be   show
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a tax based on the value of a house or other property   show
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pays for schools, town improvements, and salaries of employees who work in that town   show
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show 10, 20, or 30 years  
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if you have a longer term you will pay ________ interest and your monthly payment will be a ________ lesser amount   show
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when can you pay off your mortgage loan   show
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if you pay off your mortgage at any time, what can banks do   show
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what happens once you pay off your mortgage   show
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show deed  
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why do lenders lend money   show
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a fee that the borrower pays to the lender as a form of compensation for the loan   show
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what is the interest rate for a typical 30 year mortgage   show
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