January 28, 2003
Mortgages
How to save $83,238 on a $100,000 mortgage:
This graph also shows why appreciating home values can increase equity even when the mortgage balance due is going down very slowly.
Mortgage Basics:
28% Rule Calculations for 5% and 10% mortgage rates:
Details on how 90% works:
Handouts: Mortgage Amortization Table, Reference Report Form, HW1.