1. large payment due at the end of the loan period
ltv
2. fees associated with taking out a mortgage
variable rate
3. initial cash payment
balloon payment
4. interest rate that does not change
mortgage
5. loan to value
prepayment penalties
6. a loan based on the value of the real estate it is used to purchase
closing costs
7. fees required if loan is paid off before the end of its original term
fixed rate
8. interest rate tied to an index that may change
down payment