the six main types of mortgage interest repayment
»An economic slowdown may hit profits which are needed to make interest repayments.
Financial and business terms. 2012.
repayment — re‧pay‧ment [rɪˈpeɪmənt] noun FINANCE 1. [uncountable] when money that has been borrowed is paid back: • The government is to call for early repayment of $1.8 billion of Treasury bonds. • a schedule for debt repayment 2. [ … Financial and business terms
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary
Interest group democracy — was an attempt by the American President Franklin D. Roosevelt to create broad support for the New Deal by giving major interest groups at least part of what they wanted. In addition to aiding bankers, farmers, corporations, and the unemployed,… … Wikipedia
repayment mortgage — ► NOUN ▪ a mortgage in which the borrower repays the capital and interest together in fixed instalments over a fixed period … English terms dictionary
repayment — noun ADJECTIVE ▪ full ▪ partial ▪ early ▪ Interest will be refunded in the event of early repayment of the loan. ▪ regular ▪ … Collocations dictionary
repayment mortgage — 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. * * * repayment mortgage repayment mortgage ➔ mortgage1 * * * repayment mortgage UK US noun [C]… … Financial and business terms
Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… … Wikipedia
Repayment mortgage — A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest. The mortgage statement, usually received annually,… … Wikipedia
Repayment — The act of paying back money previously borrowed from a lender. Repayment usually takes the form of periodic payments that normally include part principal plus interest in each payment. The other common method of repayment is a lump sum with… … Investment dictionary
interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… … Financial and business terms
