Definition: The term 'mortgage calculator Google' refers to a software tool or application used by financial institutions or mortgage lenders to provide mortgage calculations and analysis. This feature can help borrowers to determine their monthly payments, interest rates, and other relevant information related to purchasing and refinancing mortgages. Here is a detailed definition of the word: 1. Mortgage Calculator: A program that helps borrowers estimate their monthly payments and expenses for securing a mortgage loan based on income, credit score, loan amount, and term (duration). 2. Google: A search engine company founded in 1998 by Larry Page and Sergey Brin. 3. Mortgage Loan: A type of loan where the borrower is given a payment made to cover the principal balance or interest over time as it accrues on an adjustable-rate mortgage. 4. Google Finance: An online financial investment platform that provides access to information about stocks, bonds, real estate, mutual funds, and other investments. 5. Mortgage Calculator: A tool used by financial institutions or lenders to help borrowers estimate their monthly payments and expenses for securing a mortgage loan based on income, credit score, loan amount, and term (duration). The Google Finance platform is one of several online financial platforms that provide access to information about stocks, bonds, real estate, mutual funds, and other investments.
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