Online Help with Dynamic Mortgage Calculator

Glossary

Mortgage [wikipedia] a loan obtained through the conveyance of property as security.
Interest Rate [dictionary] the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Term [mtgprofessor] the number of years the lender has offered the borrower to repay the loan
Adjustable Rate Mortgage [investopedia] A mortgage on which the interest rate, after an initial period, can be changed by the lender.
Fixed Rate Mortgage [bankrate] A mortgage in which the interest rate does not change throughout the term

Interests Rates & Home Ownership Rates

mortgage definitions finance reference

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