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Discussion:
Discuss mortgage loans in terms of the time value of money and loan amortization. What important points should every homeowner know about how mortgages work? (Hint: Think about taxes and getting the mortgage paid off.)
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- Post a substantive response to the question (minimum 250-300 words).
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In this assignment, i have defined what does mortgage loan means. As per my knowledge, mortgage is a loan in which real estate or property is used as a collateral. Mortgage loans are characterized on the basis of its term date which is usually five to thirty years, interest rates and amounts of payments per period.
All three assignment have the same question and is to be submitted to the same teacher by 3 different students, so I would like to request you to please make sure that they are given to different experts. You haven't talked about the time value of money so please make sure that you cover everything. Read the question carefully, the main topic is time value of money so preparing the solution keeping the topic as the centre of speech. I want it as soon as possible max in 1-2 hrs. Tons of thanks to you, you have done my paper in a wonderful way and it was really a grade hiker for me.
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