TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

When you take out a mortgage on a home, you’ll generally have your regular payment automatically deducted from your account, to cover the entire amount. This can be deceiving, since your mortgage payment may consist of several components : the mortgage principal and interest, property taxes and mortgage life insurance. Let's take them one at a time.... Mortgage interest. Generally, mortgage interest costs are front-loaded, so that that interest comprises a much larger percentage of your regular mortgage payment at the beginning of the life of the mortgage than toward the end.  2, record 1, English, - mortgage%20interest

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 OBS

intérêt hypothécaire : terme habituellement utilisé au pluriel.  2, record 1, French, - int%C3%A9r%C3%AAt%20hypoth%C3%A9caire

Record number: 1, Textual support number: 2 OBS

intérêt hypothécaire : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  2, record 1, French, - int%C3%A9r%C3%AAt%20hypoth%C3%A9caire

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

Mortgage life insurance provides coverage for your family should you die before your mortgage is paid off. This type of insurance is often available through your lender, who then simply adds the premium to your regular mortgage payments.  4, record 2, English, - mortgage%20life%20insurance

Record number: 2, Textual support number: 1 OBS

Be careful not to confuse property or life insurance with mortgage loan insurance, which may be required for high-ratio mortgages.  4, record 2, English, - mortgage%20life%20insurance

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 DEF

Assurance vie temporaire à capital dégressif correspondant à la garantie d'un emprunt hypothécaire amortissable et dont l'objet est de régler le solde de l'emprunt en cas de décès du débiteur.  2, record 2, French, - assurance%20solde%20restant%20d%C3%BB

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

Mortgage loan insurance was developed to address the problem home buyers have with saving enough for a down payment while addressing the concerns Canadian mortgage lenders expressed with the increased potential of payment default. By developing mortgage loan insurance, home buyers and mortgage lenders now have an alternative. Using approved Canadian lenders, mortgage loan insurance now affords home buyers the ability to purchase a home with as little as 5% down while protecting mortgage lenders against payment default.  4, record 3, English, - mortgage%20loan%20insurance

Record number: 3, Textual support number: 1 OBS

Mortgage insurance... Do not confuse this form of insurance with the life insurance offered by many lenders that repays the loan in the event that the borrower dies.  5, record 3, English, - mortgage%20loan%20insurance

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 DEF

Assurance crédit souscrite sur un prêt hypothécaire dans le but de protéger le créancier contre les défauts de paiement du débiteur.  4, record 3, French, - assurance%20pr%C3%AAt%20hypoth%C3%A9caire

Record number: 3, Textual support number: 1 CONT

L'assurance prêt hypothécaire est exigée habituellement par les prêteurs, lorsque l'emprunteur effectue une mise de fonds inférieure à 20 % du prix d'achat de l'habitation.  5, record 3, French, - assurance%20pr%C3%AAt%20hypoth%C3%A9caire

Record number: 3, Textual support number: 1 OBS

Il ne faut pas confondre l'assurance prêt hypothécaire et l'assurance-vie prêt hypothécaire, qui garantit que votre succession n'aura pas à rembourser le solde de votre prêt hypothécaire au moment de votre décès.  5, record 3, French, - assurance%20pr%C3%AAt%20hypoth%C3%A9caire

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 DEF

M2 plus deposits at trust and mortgage loan companies, and government savings institutions, deposits and shares at credit unions and caisses populaires, and life insurance company individual annuities and money market mutual funds plus adjustments to M2+.  1, record 4, English, - M2

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 DEF

M2 plus les dépôts dans les sociétés de fiducie ou de prêt hypothécaire et dans les caisses d'épargne publiques, les dépôts et les parts sociales dans les caisses populaires et les credit unions, les rentes individuelles offertes par les compagnies d'assurance-vie, les fonds communs de placement du marché monétaire et les corrections apportées à M2+.  1, record 4, French, - M2

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 DEF

Sum of seasonally adjusted M2 plus the seasonally adjusted sum of deposits at trust and mortgage loan companies, deposits at credit unions and caisses populaires, life insurance individual annuities, personal deposits at government-owned savings institutions and money market mutual funds, plus adjustment items.  1, record 5, English, - seasonally%20adjusted%20M2

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 DEF

Somme des données désaisonnalisées de M2 et des données désaisonnalisées des dépôts dans les sociétés de fiducie ou de prêt hypothécaire, des dépôts dans les caisses populaires et les "credit unions", des rentes individuelles versées par les compagnies d'assurance-vie, des dépôts des particuliers dans les caisses d'épargne publiques et des fonds communs de placement du marché monétaire, plus les ajustements.  1, record 5, French, - donn%C3%A9e%20d%C3%A9saisonnalis%C3%A9e%20de%20M2

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 CONT

Split Equity Contract similar to the en viager method used in France, involves the actual sale of the property by the homeowner. There is no mortgage. The homeowner retains the right to rent-free occupancy for a specified number of years or life. The purchase price would be determined by the expected future value of the property discounted by its rent-free use, interest, and the specific or expected time lapse before actual possession. This could be a life mortality consideration. The proceeds of the sale could be invested to yield income or, alternatively, used to buy a Life Annuity from an insurance company.  2, record 6, English, - split%20equity%20contract

Record 6,  Textual support,  French

Record 6,  Textual support,  Spanish