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repayment mortgage
(redirected from repayment mortgages)

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repayment mortgage
nTilgungshypothek f


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As people realised that the endowment policies had under-performed, the whole concept of getting an interest only mortgage with a separate savings vehicle fell out of favour, and now repayment mortgages are the norm.
Repayment Mortgages are also known as capital mortgages.
You can pay as much as seven per cent for a new loan but a mortgage broker or independent financial adviser can find you plenty of repayment mortgages costing five per cent or less.
 
 
 
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