Home Loan

House loan Curiosity Rates | Housing | Finance & Capital Marketplaces | Khan Academy





Comprehension how home loan interest fees are quoted. Established by Sal Khan.

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Finance and money markets on Khan Academy: Most folks buying a property require a home loan to do so. This tutorial describes what a home loan is and then basically does some math to figure out what your payments are (the last online video is quite mathy so look at it optional).

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21 comments

  1. If one have to pay 2K per month in which 200 will be the principal. It is understood. But if I pay 200 extra, in that month, would that be added straight into the principal or do they cut the interest from that extra money as well?

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  2. Thank you!

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  3. So easy to understand. Thanks for your help

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  4. What place does the rate have in this video besides the board?

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  5. Is there anyway we can see some calculations?

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  6. This idiot did not even do the financial calculations. What is the point of the video. 

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  7. thanks man.

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  8. Mortgages are a form of slavery ….Best days , rough , no CCTV , just free ,,, poor but free , now days we have iPhones , new tech , is that really better I don't know , we are all to busy paying our mortgages for life , retire at 67, finally paddy your property onto your son who has to pay 70% inheritance tax . We work so others live ,,,,, years back we all lived ,,, we all saw one anoughter more often , now it's all to fast . We are all being lubricated to get us through with plastic foods ,

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  9. Am i right the way i explained bonds have to decrease for interest rates to raise? or is it interest rates have to raise for bonds to decrease? And how is this a free market if the fed is able to announce interest rate prices? At what point does the fed not have control over true supply and demand? Please anyone answer i am trying to really get an understanding of this.

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  10. So lets take this into a real life scenario. Right now the US interest rates are at all time lows, and staying low, and because bonds do the inverse they are rising. Lets say in 3-5 years when people realize how much debt the US is in they decide to stop buying bonds and they start to decrease in value. Does this mean interest rates would naturally rise and put higher payments on houses with 5/1ARM potentially forcing more people into foreclosure that bought during this low interest period?

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  11. Sal.. It would be of immense help if you do some videos in micro and macro economics..

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  12. Making money out of a fictitious item? Hmmmm that just seems stupid.

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  13. Im home-schooled,and Sal,You do better for me than a tutor,text-book,Or one of them stupid DVD's that seem like they are for 6 year olds….It feels like he talking TO you and he knows what questions you have to ask,AND HE ANSWERS THEM…I never got an answer back from my textbook when I asked What does (that ?>>>?>?) Mean???? Thanks!

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  14. @Hokke88 What's normal in your country?

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  15. $2000 is way higher that it would be.

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  16. p.s. when i have posted this link on the facebook it said:

    Message Failed
    This message contains blocked content that has previously been flagged as abusive or spammy. Let us know if you think this is an error.

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  17. Keep up the good work, Sal! You're on the right path. I certainly welcome that video

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  18. dear people banks are fucking with you big time.

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  19. So the typical mortgage period in usa is 30 years? That's crazy.
    But what is insane is that in Sweden many ppl only pay the interest.

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  20. interesting

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  21. you are so helpful! thank you!! 🙂

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