You think you can afford a house?
Fixed rate mortgage
The legal word that proves you own the property, vehicle, etc.
Title
When a place comes with furniture.
Furnished
After generation Z, this generation follows.
Generation Alpha
Adjustable rate mortgage (ARM)
The value of a mortgaged property after deduction of charges against it.
Equity
The person or people that own a rented house or apartment.
This form tell you how much your employer paid you for that year.
W-2
This type of mortgage has low monthly payments and one very large last payment.
Balloon mortgage
A straight line that minimizes the distance between itself and where observations fall in some data set.
Line of best fit/best fit line
According to financial experts, a renter should allow this percentage of their gross income for rent.
25-30%
This amount of calories is used as a general guide for nutrition advice and is what companies use for serving sizes.
2,000 calorie diet
The recommended amount of years for a mortgage is.
15 years.
The money given to the landlord from the tenant as protection in the event the tenant causes damage to the rented property; refunded when the tenant moves out if there is no damage and can range from 1 to 4 months rent.
Security Deposit
The act of legally forcing a tenant to leave a rental property for failing to pay rent or follow the rules and regulations of the lease.
Evict
At what age can you no longer stay on parents health insurance?
26
The closing cost is estimated to be around this percentage of the original cost of the house.
2-7%
A legal arrangement in which a third party temporarily holds money or property until a particular condition has been met
Escrow (account).
It is advised to have this amount of months of rent saved up in case of emergencies.
3 months.
This is the form you fill out when filling your taxes
1040.