Buying a House
Across
- 2. payment we make each month towards our loan that consists of an interest and principal component
- 6. beginning balance minus principal paid
- 9. type of mortgage where the interest rate changes
- 12. charts that are used to show the monthly payments, interest and other things about a mortgage over the course of the loan
Down
- 1. type of loan you take out to buy a house
- 3. fees you have to pay when you close on a house
- 4. original invested amount
- 5. mortgage that is insured by the government
- 7. type of mortgage where the interest rate stays the same
- 8. a percentage that the bank charges the person who has a loan
- 10. percent of your monthly income you can spend on housing
- 11. fees that are sometimes charged by the neighborhood you live in