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With the HP 12C's financial functions plus math and statistics, business professionals have been able to calculate mortgages, balloon payments, depreciation and bond yields for more than a decade. In fact, the HP 12C is the accepted calculator of the New York Stock Exchange. This item is currently available online only.

Adjustable rate mortgage - An adjustable rate mortgage or variable rate mortgage is a loan secured on a property (house) whose interest rate and so monthly repayment vary over time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment mortgage.

Mortgage button - A Mortgage Button is a plug, typically made of ivory, which marks the payment in full of a mortgage on a house. According to the mortgage button is placed over a hole drilled in the staircase, which contains the mortgage or its ashes.

Primary Residential Mortgage Incorporated - Primary Residential Mortgage Incorporatedis an independent originator "direct lender" of residential mortgage loans. We underwrite, fund and sell our mortgage products to the top correspondent mortgage investors in the United States.

Wraparound mortgage - A wraparound is a way of lowering the barriers of entry to a junior lien or subordinate mortgage; it also expedites process of purchasing a home. A junior lien or subordinate mortgage is a second mortgage that generally sits behind larger first mortgage.

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