repayment mortgage


Also found in: Wikipedia.
Related to repayment mortgage: Interest only mortgage
Translations

repayment mortgage

nTilgungshypothek f
Mentioned in ?
References in periodicals archive ?
Zoopla found the cost of a repayment mortgage is around PS316 a month more expensive for someone getting on the property ladder than renting an equivalent property.
Owners could switch interest-only deals to a repayment mortgage, which could potentially last for the rest of their lives.
Santander confirmed it is considering offering home owners who will be unable to pay off their interest-only deal the opportunity to switch to a repayment mortgage which could potentially last for the rest of their lives.
The average age of a UK homeowner when they finish paying off their repayment mortgage is between 51 and 60.
A The cheapest form of life cover, if you have a repayment mortgage, would be decreasing-term assurance.
49% 3 year fixed rate repayment mortgage - [pounds sterling]1,499 fee
For someone with a PS75,000 repayment mortgage, the cost over two years would be PS8,615.
A customer on its SVR rate with a pounds 150,000 25-year repayment mortgage will see their payments increase by pounds 42.
Waycot adds: "Where borrowers have a relatively new interest-only mortgage (less than five years old), they could consider switching to a repayment mortgage while they still have the majority of years left to pay off the loan before retirement.
The full increase would lead to an pounds 81 rise in the monthly cost of a pounds 100,000 repayment mortgage on an SVR rate.
I will owe about pounds 27,000 with nine years left on a repayment mortgage.
86 per month on a pounds 150,000 repayment mortgage.