Home Quiz Business Listening Speaking Reading Grammar Games  
English through video Level A Level B Level C ASK MISTERDUNCAN Beevn Video New Headway Effortless English Funny English Job Interview Video VOA VIDEO Grammar ABC Grammar Grammar In Use General English Beginner A Beginner B Elementary A Elementary B Low Intermediate A Low Intermediate B Intermediate A Intermediate B High Intermediate A High Intermediate B Low Advanced A Low Advanced B High Advanced A High Advanced B
Business English Introductory Business English A Introductory Business English B Marketing Manufacturing Finance The Customer Service Negotiations Business Travel Human Resources Information Technology
Speaking English Tiếng Anh Thông Dụng Tiếng Anh Thương Mại Tiếng Anh Phỏng Vấn Tiếng Anh Du Lịch Cụm Từ và Thành Ngữ Các Chủ đề Đặc biệt Mục lục Bài học Listening Lessons Trình độ Sơ Cấp Trình độ Trung Cấp Trình độ Nâng Cao Các Bài Học Thêm Phát Âm Ngữ Pháp Ngữ Điệu và Tốc độ 5 Luật để Nói Lưu Loát Games English Study Games Grammar Games Vocabulary Games Listening Games Pronunciation Games Quiz Games Memory Games Typing Games
Listening
Free ESL Special Topic English Lesson - Mortgage - Interest Only Loan  

Mortgage - Interest Only Loan

 Listen The final type of mortgage I want to tell you about is the interest only loan. I am a real big fan of this loan. But it can be a little risky. It all depends on if you are buying a house for investment purposes or if you are buying a house to live in permanently. The interest only mortgage plan should be used carefully and after learning everything about it. The interest only mortgage loan was created for people who are paid by commission. Since they make more money some months than other months, this gives people the flexibility to pay more or less depending on how much money they made that month. The minimum of course is the interest amount.

 Listen Interest only loan is a type of loan where you are not required to pay a portion of the principle. My figure previously indicated that on a $300,000 loan with a 6% interest rate, you would have a mortgage payment of $1798.65 a month. If you were to do an interest only loan, you would only be paying $1500 a month. That is almost $300. But keep in mind that you are only paying the interest so your loan balance stays the same.

 Listen Other things to keep in mind is that this is only good with loan types such as the 5 year arm. So for 5 years you would have the lower interest rate, while paying only the interest. After five years, you would be required to start paying towards the principle and your interest rate would go up. Most people in this situation would probably sell and move to a house and start a different mortgage, or they would refinance the current loan to make it a new loan.
If you see this text and you are using FireFox, please download the FlashPlayer Plugin.


Lưu ý:
1.Bạn có thể dùng chuột để tô xanh cụm từ (2 từ gép trở lên) và bấm Ctrl-Shift-A để dịch cả câu sang tiếng Việt
2.Đối với từ đơn bạn chỉ cần Double click nháy chuột hai cái lên từ cần tra, sau đó nếu bạn muốn nghe thì bấm vào hình cái loa.

Home

Go back
© Copyright 2010 Tienganhabc.com - All Rights Reserved.