REPAYMENT MORTGAGE

repayment mortgage: translation

A mortgage where you pay off both the capital and interest each month until you've completely repaid the loan at the end of the pre-agreed term.

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repayment mortgage repayment mortgage ➔ mortgage¹

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repayment mortgage UK US noun [C] BANKING, PROPERTY

► in the UK, a mortgage on which you pay back both the capital (= amount borrowed) and the interest: a 20-year/25-year, etc. repayment mortgage »On a £100,000 25-year repayment mortgage, you'll pay £561 per month.
take out a repayment mortgage »I recommend that she takes out a repayment mortgage.

→ Compare ENDOWMENT MORTGAGE(Cf. ↑endowment mortgage)

Смотреть больше слов в «Financial and business terms»

REPAYMENT RISK →← REPAYMENT

Смотреть что такое REPAYMENT MORTGAGE в других словарях:

REPAYMENT MORTGAGE

фин., банк. выплачиваемая ипотека*, ипотека с выплачиваемой основной суммой* (закладная, основная сумма долга по которой выплачивается постепенно в те... смотреть