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Part III: Financing Your Home and Car > Understanding Mortgages—And Getting the...

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.


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