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 August 11, 2020
by Mike Rawson · Published April 21, 2015 · Last modified September 28, 2016
by Mike Rawson · Published September 21, 2021
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