What is the difference between amplitude and frequency? A megahertz is used to measure the speed of transmission in electronic devices such as computers, clocks and other equipment. This measurement can also be expressed in gigahertz, or GHz, which is equal to 1 billion cycles per second.
Prepaying your mortgage â which simply means that you pay all or part of the money owed on your mortgage before itâs officially due â offers an alluring proposition: By paying what you owe early, you can cut down the amount of interest you owe to the lender, which can save you thousands of dollars in the long term.
Acceleration clause â The clause in a mortgage or trust deed that stipulates the entire debt is due immediately if the mortgagee defaults under the terms of the contract. Acquisition cost â Under an FHA loan, the purchase price or appraised value of the property plus the estimated closing costs. Adjustable Rate Mortgage (ARM) â A mortgage in which the interest rate is adjusted periodically based on an index. Also called a variable rate mortgage.