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A fixed rate mortgage is a loan in which
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
To finance your purchase of a house, you must
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
The deposit made when a buyer signs a purchase agreement to show the offer is serious
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
Advantages of renting a home rather than buying include all EXCEPT
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
Home ownership offers:
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
The amount of money you spend on housing depends on all of the following EXCEPT
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
Earnest money protects the
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
The cost of home ownership is lowered through
monthly payments and interest rate remain the same throughout the term of the loan.
utility costs
buyer
financial advantages
expected future income and expenses
have funds for the down payment and closing costs
security deposit
you build equity or ownership
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