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 July 24, 2024
by Mike Rawson · Published September 28, 2016 · Last modified March 21, 2018
by Mike Rawson · Published January 19, 2017 · Last modified June 16, 2020
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The avoidance of taxes is the only intellectual pursuit that still carries any reward.