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 CRISIS HOUSING FUND for Persons with a Serious and Persistent  Mhponline 2016

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What I want to do in this video is explained 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 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 rEvally like to live in that house, so I go to a b

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