Matching Pairs MortgagesOnline version mortgage and homeowning vocab by Catherine Lowerre 1 assessed value 2 adjustable rate mortgage ARM 3 Fixed rate mortgage 4 escrow 5 homeowner's insurance 6 foreclosure or to foreclose 7 mortgage 8 jumbo mortgage 9 property or realestate tax 10 interest only 11 Market Value 12 down payment 13 balloon mortgage home loan with a huge last payment the number the property tax is based on coverage incase something happens to your property home loan home loan where the rate does not change home loan for a huge amount of money home loan where the interest rate will vary with the market a mortgage where only interest is paid until the last month How much you can buy the home for money taken by bank to pay taxes the bank taking your home due to lack of payment tax on owned property money put down to buy a home