Unit 4 Crossword Puzzle Review

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Across
  1. 5. Insurance that protects a homeowner against losses like fire or theft
  2. 7. Someone who sells a car directly rather than through a dealership
  3. 12. A loan with an interest rate that changes over time
  4. 14. The loss of value a car experiences over time
  5. 16. The portion of your home you actually own, based on payments made
  6. 19. Driving a car before buying it to check condition and comfort
  7. 20. An estimate from a lender of how much you might be able to borrow
  8. 23. The amount you must pay each month toward your car or home loan
  9. 24. A professional who helps people buy or sell homes
  10. 25. A number that determines how much interest you’ll pay when borrowing money
  11. 26. Money paid upfront that covers potential damage to a rental property
  12. 27. Mortgage insurance that protects the lender if you make a small down payment
  13. 28. A tool that helps determine the fair value of a car
  14. 29. Services such as electricity, water, and internet for an apartment or home
  15. 30. The cost you pay for borrowing money
  16. 31. The length of time you have to repay a loan
  17. 33. Fees and expenses paid when finalizing a home purchase
  18. 34. The original amount of money borrowed in a loan
Down
  1. 1. A promise by a seller to repair or replace a product within a certain time period
  2. 2. An independent estimate of a home’s market value
  3. 3. A legal agreement that outlines terms between a renter and landlord
  4. 4. A home loan with an interest rate that stays the same for its entire term
  5. 6. A loan used to purchase a home
  6. 8. Protection that helps pay for damage, theft, or other losses
  7. 9. The period when all steps in a home sale are completed before closing
  8. 10. A person you share an apartment with
  9. 11. Covers a renter’s belongings in case of theft, fire, or other events
  10. 13. The person renting a property from a landlord
  11. 15. Confirmation from a lender of the exact amount you are approved to borrow
  12. 17. The annual percentage rate charged for borrowing money
  13. 18. An inspection of an apartment before moving in to check for damage
  14. 21. Examination of a home’s condition before purchase
  15. 22. The person or company that owns the property you are renting
  16. 27. Local government fees based on your home’s value
  17. 32. The initial amount paid upfront when purchasing a car or home