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 October 10, 2017
by Mike Rawson · Published April 3, 2017 · Last modified June 21, 2020
by Mike Rawson · Published September 11, 2017 · Last modified September 14, 2017
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A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
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