Interest-only mortgage
Mortgage where the repayments are solely the interest due and where the capital borrowed is paid off in full at the end (maturity) of the mortgage.
« Back to Glossary Indexby Mike Rawson ·
Mortgage where the repayments are solely the interest due and where the capital borrowed is paid off in full at the end (maturity) of the mortgage.
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by Mike Rawson · Published July 1, 2019
by Mike Rawson · Published May 30, 2015 · Last modified January 21, 2020
by Mike Rawson · Published July 20, 2020
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