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Consumer and Mortgage Loans

Title:   Consumer and Mortgage Loans

Description: This is a beginning course on the importance of understanding consumer and mortgage loans.  It discusses the different types of consumer loans, from the lowest cost, to the highest cost, and gives recommendations if you must finance consumer loans.  It also gives a description of the different types of mortgage loans, and aids in the choosing between the various options for home financing.

Difficulty Level: Beginning. This course is recommended for all individuals.

Time to Complete: To complete this course, I estimate it will take about one to two hours.

Output: As an assignment,  I recommend that you get either a financial calculator, or use the Excel based financial calculator from the Teaching Tools.  You will learn how to use your financial calculators in the process of learning about the time value of money.

Prerequisites for this Course: None.  I recommend you first complete the Another Perspective on Wealth Course.



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