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mortgage (mrgj) n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of such a loan. 3. The repayment obligation associated with such a loan: a family who cannot afford their mortgage. 4. The right.
A mortgage is a loan used to pay for a real estate purchase in exchange for monthly payments and a lien on the purchased property. Find out more about fixed.
The mortgage calculator with taxes and insurance estimates your monthly home mortgage payment and shows amortization table. The loan calculator estimates your car, auto, moto or student loan payments, shows amortization schedule and charts.
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A little correction, the correct word is Mortgage. What is a Mortgage? Mortgage is a form of loan which is given to a person for an immobile.
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For real estate financing, a mortgage loan is taken in most cases. The mortgage is a condition that must be accepted for the loan.
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