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.
« Back to Glossary Index
by Mike Rawson · Published January 5, 2021 · Last modified February 5, 2021
by Mike Rawson · Published March 28, 2018
by Mike Rawson · Published December 28, 2016
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That man is rich whose pleasures are the cheapest.

