7. Consumer and Mortgage Loans

Consumer and Mortgage Loans

Learning Outcomes

At the completion of this chapter, you will:
A. Understand how consumer loans can keep you from achieving your goals.
B. Explain the characteristics and costs of consumer loans.
C. Explain the characteristics and costs of mortgage loans.
D. Understand how to select the least expensive sources for consumer loans and how to reduce the costs of borrowing.

Chapter Reading

Please read the chapter on "Consumer and Mortgage Loans" (PDF)


Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.





Here are the assignments for "Consumer and Mortgage Loans"



The following learning tools may be helpful with this chapter:

Debt Amortization and Prepayment Spreadsheet

Credit Card Repayment Spreadsheet

Debt Elimination Spreadsheet with Accelerator

PFP Student and Consumer Loans and Debt Reduction Template


Additional Materials

Other Good Sources of Information on Mortgages:

The Mortgage Professor