Match the following Down Payment Fixed Rate Appreciation

Last updated: 7/25/2023

Match the following Down Payment Fixed Rate Appreciation Amortization Mortgage Annuity Principal Future Value Application 1 5 6 7 8 2 An RRSP is an example of a 3 A mortgage with a constant interest rate one that doesn t change over time 4 A loan used for real estate property The amount still owed on a mortgage A series of equal payments or deposits made at regular intervals over a fixed period of time The rate at which the value of an item increases in value over time A lump sum of money paid towards the cost of a home to decrease the mortgage amount The time it takes to fully pay back a mortgage