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Get And Sign CRISIS HOUSING FUND For Persons With A Serious And Persistent Mhponline 2016-2021 Form

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what I want to do in this video is explain what a mortgage is but I think most of us have at least a general sense of it but even better than that actually go into the numbers and understand a little bit of what you are actually doing when you're paying a mortgage what it's made up of and how much of it is interest versus how much of it is actually paying down the loan so let's just start with a little example let's say that there is a house that I like let's say that that is the house that I would like to purchase it has a price tag of let's say that I need to pay five hundred thousand dollars to buy that house this is the seller of the house right here and they have a mustache that's the seller of the house I would like to buy it I would like to buy the house this is me right here and I've been able to save up one hundred and twenty five thousand dollars I've been able to save up one hundred twenty five thousand dollars but I would really like to live in that house so I go to a bank

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