Manage Your Money and Investments with Microsoft® Excel

Chapter 8. Understanding Mortgages—And Getting the One That’s Best for You

IN THIS CHAPTER

• The Many Benefits of Home Ownership

• Types of Mortgages

• Your Mortgage Payment

• Other Mortgage Costs

• The Tax Benefits of Home Ownership

• Understanding Mortgage Amortization

• How Much Can I Borrow?

• The Mortgage Detail Calculator

Home ownership is a dream for many people. It’s a major step, but one with many rewards. Buying a home means getting a mortgage. Choosing the best mortgage for you and your situation is an essential part of the home buying process.

In this chapter you will learn about the various kinds of mortgages, expenses related to buying a home, and how to compare different mortgage offerings with each other.

The Many Benefits of Home Ownership

There’s ...