Across
- 2. The amount you are taking out for a loan
- 4. A type of loan used for buying a house
- 7. This type of loan isn't backed by collateral, and it usually has higher interest rates
- 9. Someone who will have to repay your loan if you are not able to
- 10. This controls the interest that a variable rate loan will have
- 12. The person or company that is lending you money
- 13. This type of loan has it's interest rate set at the start, and doesn't ever change
Down
- 1. How much you will be charged each year on top of your loan
- 3. This type of loan is backed by collateral, in case you are not able to pay it off
- 5. How long you are taking out a loan for
- 6. This type of loan can have it's interest rate changed while you are still in the loan
- 8. Items that can be taken if the loan isn't paid off
- 11. In terms of a loan, this means that you are not able to repay it