For example, 360 months is the amortization term for a 30-year fixed-rate mortgage.Annual Percentage Rate (APR): The annual cost of a mortgage, including interest, loan fees and other costs, stated as a percentage of the loan amount.Appraisal/Appraised Value: An opinion of the market value of a home expressed by a real estate appraiser.Arbitration: The term used to describe a form of dispute resol