1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
noname [10]
4 years ago
11

Explain how a mortgage is different than rent. Identify a benefit of each.

History
1 answer:
Tems11 [23]4 years ago
8 0

Answer:

A mortgage is a repayment of a loan which was given to you to buy a home.

Rent is a payment to someone who owns the building in which you live.

Explanation:

A mortgage is a loan used to buy a house and guaranteed by the same house by putting it as a collateral. For example; The loan you took to buy your property.

Rent is a payment that you give the property owner for the right to occupy the place for a specific period. You do not get any ownership rights in exchange.

Benefits:  A mortgage is a good thing when you have a place to live somewhere, without paying monthly apartment rent, which means to lose money.

Rent helps low-income households to live in private rental dwellings at a low price.

You might be interested in
Please help, Thanks. :)
timofeeve [1]
What do you need help with?
3 0
3 years ago
How are the five branches of the military alike and different?
Lynna [10]

There are five different branches, the Army, Air Force, Navy, Marine Corps, and Coast Guard.

Explanation:

Each branch of the United States Military has diverse roles in maintaining the security of the country. Their job descriptions and roles differ but they have a common purpose and that is to fight against the enemies and safeguard the country.  

It is not only about protecting the country but also safeguarding the constitution and see to that there is no breach of the political decisions made.  Mostly all branches of the US military provide either warfare backing or combat service support.

7 0
3 years ago
Which countries attacked Israel during the Yom Kippur War in 1973?
Finger [1]
Egyptians and Syrians
8 0
4 years ago
Read 2 more answers
¿Cómo murió Aquiles y cuál fue el artilugio de los aqueos para lograr la victoria contra los troyanos?
Ronch [10]

Answer:

How did Achilles die and what was the contraption of the Achaeans to achieve victory against the Trojans?

Explanation:

5 0
3 years ago
Who angered the state leaders by giving them too much power
stepan [7]
They use it to step up their game. And they infuse people around them with this form of constructive anger so they, too, can be infused with energy
4 0
3 years ago
Other questions:
  • which one of locke 's basic principles , later seen in the declaration of Independence, is expressed in the quote
    5·2 answers
  • Describe the Roman conquest of italy.
    11·1 answer
  • Who wanted a strong federal government? anti-federalists or federalists
    14·1 answer
  • Identify a big part in world history that is important
    5·1 answer
  • The Virginia Plan wanted the legislative branch to protect the _____.
    10·1 answer
  • For what reason did cardiovascular mortality rates drop during the second half of the 20th century?
    7·1 answer
  • Which of the following was the most important purpose of the Sherman Anti-Trust Act?
    14·1 answer
  • What does CPI compare? A) Money to People C) Dollars to Euros B) Wal-Mart to Target D) Purchasing power at diffrerent times​
    5·1 answer
  • Select the word or phrase that best completes each sentence. The concept of Tao is defined as . According to Taoism, people shou
    5·2 answers
  • What are cryptograms ? Give any three example.​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!