7. Consumer and Mortgage Loans

Consumer and Mortgage Loans

Learning Outcomes

At the completion of this chapter, you will:
A. Understand the principles of effective consumer loads use
B. Understand the types of consumer loans, their characteristics, and how to calculate their costs
C. Understand the types of mortgage loans, their characteristics, and how to calculate their costs.
D. Know the least expensive types of loans and how to reduce the cost of consumer and mortgage loans

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