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 February 11, 2021
by Mike Rawson · Published June 19, 2024
by Mike Rawson · Published April 2, 2015 · Last modified April 27, 2018
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In any successful enterprise, there must be an uneven number of directors and three is too many.