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 August 19, 2015
by Mike Rawson · Published January 25, 2022
by Mike Rawson · Published March 13, 2018 · Last modified March 15, 2018
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The avoidance of taxes is the only intellectual pursuit that still carries any reward.