Chitika

Friday, June 10, 2011

Mortgage 101

Our first video in the Real Estate series, Mortgage 101! Sorry for the wait, things have been crazy this week, we've been having some technical problems, and we're trying to fix them today.

This video is pretty much a visualization of our last blog post, where we compared mortgages. Thanks for your patience, feel free to leave all your feed back and constructive criticism below!

78 comments:

  1. 100 gran is a LOT of money... But now, I would pay me an awesome art college in another country xD

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  2. Wish I had the money to get my own mortgage, it would beat the hell out of renting a place haha

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  3. Very nice video, very high quality stuff :)

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  4. That is high quality. And not just the video, the info.

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  5. That's some interesting facts... Didn't know 5% could add up to that much money! Almost twice the cost of the house itself.

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  6. hmmm, interesting, its glad to know that when I get out of college it will be the best time ever to buy a home :3

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  7. Yeah if you can afford it the best way is the least years. Even if at the time you are forced to take out the long mortgage you can always in time if you can afford it start paying mor per month.

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  8. don't have money for anything like that right now

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  9. Very good info, thanks for the video.

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  10. Very cool vid. For certain we need to put as much down payment as we can to avoid as much interest as possible. it is crazy how much they take on interest alone!

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  11. that is quite the informative post, it has caught my interest

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  12. Great video! It explains the mortgage in a simple yet correct way. Good job!

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  13. Agree with what others have said. Very high quality, nice and informative.

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  14. Learning something new everyday. :) Thanks for the info.

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  15. Wish I had the money for anything! Following.

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  16. Well dammit, that was more useful than i though it would be! Thanks a lot for sharing!

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  18. Very interesting video, didnt know anything about that

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  19. Nice visualization, the 15 year is better! But I don't have money for either hahaha

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  20. And this is exactly why banks and lenders want to sign you into those longer loans. More money for them for a longer time.

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  21. I'm sure I only have enough money to buy a stick of gum ;)

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  22. Instructive and very well designed video! :) You're good at this.

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  23. Excellent video! When I start looking at buying a house (gimme like, 7 years haha) I'll keep this info in mind

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  24. Very easy to understand and nice animation.

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  25. look at the price increase, such a simple video but so helpful

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  26. It's amazing how much money you save on a shorter loan just by paying a bit more monthly.

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  27. Always wondered how this worked!

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  28. Interestintg vide, good investment!

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  29. Good Video. It's like common sense that people somehow forget when it comes to homes.

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  30. you may not be a genius sir... but you are definitely enlightened =D

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  31. Great info for such a short video. Nicely done!

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  32. That video was informative, short, and well laid out. I'm impressed.

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  33. im with the MindlessFreak, but then again he is Mindless...

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  34. As I said in a previous post, that's definitely interesting. :D

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  35. Very nice and helpful information, followed :)

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  36. As a person who is shit scared of debt, this really helps me from getting into as much, thanks!

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  37. Great advice, but too few will follow it and fall into the traps the banks have set knowing that we dont care enough to do our research.

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  38. great information everyone should keep in mind when looking at purchasing property.

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  39. Nice video: very concise and illustrates the last post very well. Great work!

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  40. nice advice; esp for a recent college graduate

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  41. Nice video, as soon as I get out of school I may refer back to this

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  42. For once this stuff didn't fly way over my head!

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  43. really informative video - thanks

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  44. damn, wish i could buy a place for $100,000. around here you need min. $300,000

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  45. it's an excellent video. I think everyone should watch it before taking out a mortgage.

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  46. I think I'm always going to rent.

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  47. Alot ofm oney that I won't be able to attain =(

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  48. Good video, that's quite a lot of savings

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  49. High quality info! Thank you

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  50. I still wouldnt feel safe enough, because im not convinced this is true. but followed :)

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  51. love the video that went along with the comment! also, nice pick on the music.

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  52. top notch video, we want more!

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  53. Great work on the blog! keep up the good content!

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