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Self-amortizing mortgage

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self-amortizing mortgage
mortgage in which all principal is paid off in a specified period of time through periodic interest and principal payments. The most common self-amortizing mortgages are for 15 and 30 years.

 


Self-amortizing mortgage
Mortgage whose entire principal is paid off in a specified period of time with regular interest and principal payments.
Self-directed IRA ...

Self-Amortizing Mortgage. A mortgage where the periodic payments of interest and principal will automatically retire the debt at maturity. Contrast with an interest-only or balloon loan where there will be remaining principal at maturity.

self-amortizing mortgage A type of mortgage in which all principal is paid off in a specified period... self-directed retirement account A type of retirement account in which an investor designates an account custodian,...

The set of rules governing the selling group in an underwriting.
Self-amortizing mortgage
Mortgage whose entire principal is paid off in a specified period of time with regular interest and principal payments.
Self-directed IRA ...

See also: Balloon, Refunding, Sensitivity analysis, Banks, Leasing

Business Self insuranceSelf-employed income

 
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