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 April 4, 2016 · Last modified April 12, 2016
by Mike Rawson · Published December 6, 2021
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People perform well in a crisis and when the spotlight is on them; it’s on the Sunday afternoons when nobody is looking that the spirit falters.
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