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 February 1, 2017 · Last modified May 14, 2020
by Mike Rawson · Published March 8, 2022 · Last modified March 3, 2026
by Mike Rawson · Published March 15, 2017 · Last modified March 12, 2018
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Someone will always be getting richer faster than you. This is not a tragedy.
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