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Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. . Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant.
A model attribution edit summary is Content in this edit is translated from the existing Spanish Wikipedia article at [[:es:Banco Hipotecario del Uruguay]]; see its history for attribution. You may also add the template {{Translated|es|Banco Hipotecario del Uruguay}} to the talk page. For more guidance, see Wikipedia:Translation.
The institution was chartered on September 24, 1886, as the Banco Hipotecario Nacional (National Mortgage Bank) by a bill (Law 1804) signed by President Julio Roca. [5] The bank pioneered mortgage lending on extended, low-interest terms in Argentina, and thus contributed to consolidating a modern Argentine economy (a policy centerpiece of the Generation of '80, as Roca and his allies were known).
A home equity loan is a type of loan in which the borrowers use the equity of their home as collateral.The loan amount is determined by the value of the property, and the value of the property is determined by an appraiser from the lending institution.