Across
- 3. a type of protection that compensates you
- 4. the physical document you receive that proves you own your home
- 10. the process of how payments spread out over time
- 12. loan with an interest rate that varies
- 13. lender holds money for property taxes or homeowners insurance
- 14. the number of years you’ll pay on your loan
- 15. is the amount that you take out in a loan
Down
- 1. a rough estimate of how much your home is worth
- 2. mortgage has the same interest rate throughout the term
- 5. to your total fixed, recurring monthly debts divided by your total monthly gross household income
- 6. a document that tells you how much you can afford
- 7. a local property professional who can help you shop for a home
- 8. an optional closing cost you can pay to “buy” a lower interest rate
- 9. anything that you own that has a cash value
- 11. proof that you own a home
- 12. annual percentage rate