Capital and Repayment Mortgages
By merini abdennour
What Is Capital and Repayment Mortgage?
"Repayment mortgage (also called a capital-and interest loan)
Your monthly payments gradually pay off the amount you owe as well as paying the interest charged on the loan. Provided you make all the agreed payments, the loan will be fully paid off by the end of the mortgage term."
- Consumer Information, FSA, June 2006
Repayment mortgage and capital mortgage (or capital loan) are the exact same thing, made more confusing by the fact that this type of mortgage is known by more than one name. But don't let that confuse you! Capital and repayment mortgage is, in fact, the
same thing.
[ندعوك للتسجيل في المنتدى أو التعريف بنفسك لمعاينة هذا الرابط]