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 6, 2019
by Mike Rawson · Published October 15, 2019
by Mike Rawson · Published May 27, 2020
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Money is just a way of keeping score.
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