Capital Repayment Mortgage | Jargon Buster on Chase De Vere Mortgage Management
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Capital Repayment Mortgage

Capital Repayment Mortgage

In other words

Both interest and capital repayment is included in your monthly mortgage payment. At the end of the loan the balance reduces to

Definition

Both interest and capital repayment is included in your monthly mortgage payment. At the end of the loan the balance reduces to £0 assuming all the payments due have been met. Standard interest only loans just pay for the loan; at the end of the mortgage term the loan will still be the same.