Definition of mission for Students. 1 : a task that is assigned or begun. 2 : a task that is regarded as a very important duty She thinks of teaching as her mission. 3 : a group of missionaries. 4 : a group of people sent by a government to represent it in a foreign country.
15-Year Fixed-Rate Mortgage: The payment on a $200,000 15-year Fixed-Rate Loan at 2.875% and 70.00% loan-to-value (LTV) is $1369.18 with 2.125 points due at closing. The Annual Percentage Rate (APR) is 3.311%. Payment does not include taxes and insurance premiums.
Initial rate. This is the interest rate youâd pay on your mortgage for the initial product period. Followed by rate. This is the interest rate youâd pay on your mortgage following the initial product period.utstanding mortgage amount This is the amount of money left to pay on your current mortgage. This is the amount of money left to pay on your current mortgage. Â£. How much more would you like to borrow This is the additional amount of money that you'd like to borrow against your current mortgage.