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 June 9, 2016 · Last modified October 13, 2016
by Mike Rawson · Published October 21, 2021
by Mike Rawson · Published September 13, 2017 · Last modified June 18, 2020
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Make everything as simple as possible, but not simpler.
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