Amount Financed  Mortgage Glossary

Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:



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Amount Financed

Amount Financed


This is the amount of the mortgage that is actually going towards the purchase of the property. For example, if the total amount borrowed was 120,000 and the fees were 6,000, the amount financed is 114,000. Caution should be exercised when looking at the amount financed figure as this can be used to hide large fees which will still, of course, have to be paid.

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Mortgage Glossary

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