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 May 31, 2016
by Mike Rawson · Published May 25, 2021 · Last modified June 9, 2021
by Mike Rawson · Published November 26, 2020
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