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Mortgage Calculator - Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow to purchase a piece of real estate. Mortgage calculators can also be used to compare the costs or real interest rates between several different loans, determine the impact on the length of the mortgage loan of making added principal payments or bi-weekly instead of monthly payments.
Collateral (finance) - Collateral within a financial context is used to indicate assets that secure a debt obligation. For example, in the case of a mortgage the house serves as the collateral for the mortgage loan.
Foreign currency mortgage - A Foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the borrower is a resident. Foreign currency mortgages can be used to finance both personal mortgages and corporate mortgages.
Reconstruction Finance Corporation - The Reconstruction Finance Corporation (RFC) was an Independent agency of the United States government chartered during the administration of Herbert Hoover in 1932. The agency advanced $2 billion in loans to state and local governments and to banks, railroads, farm mortgage associations, and other businesses, funding, for example, the construction of the original Hayden Planetarium.
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