The video addresses the topics: What is a Mortgage or home loan, Using a mortgage can you get more money than the value of the home/house, What is a down payment, How much is the down payment, Can you get a mortgage if you don't have money for 20% down payment, How is the amount you borrow using mortgage decided, For how long do you make mortgage payments, How frequently do you make mortgage payments, How much do you have to pay every month, What happens if you cannot make the monthly mortgage payment on time, What happens after you make all mortgage payments and repay all the money, Can only banks provide a mortgage, The types of an interest rate for a mortgage (fixed and floating)
Easy Peasy Finance
Easy Peasy Finance aims to fill the financial literacy void in today's education system by breaking down complex financial terms and ideas in a way that kids can understand. Its animated, fun, informative and concise personal finance videos cover topics like Banking, Insurance, Credit Cards, Income Tax, Real Estate, Investing, Stocks, Mortgage, Retirement, 401k, and more. The videos have been very well received by the teaching community, with several school and college teachers across the globe using the videos in their online curriculum, and as a resource for their students.
Easy Peasy Finance