Mortgage is a type of loan which is used to purchase or maintain a home plot or land and others real estate property. The borrower agrees to pay the lander overtime with a series of regular payment which is divided into principal and interest. The cost of mortgage will depend on the type of loan, the term and also the interest rates.
Mortgage loan interest rate basically competitive and reasonable and it comes with a longer period of time such a 17 to 30 years. This loan has easy balance transfer facilities.