Repayment Mortgages

Also referred to as Capital mortgages, this is the only type of mortgage that guarantees that the property will be yours at the end of the mortgage term – if you’ve repaid the loan.

Your monthly mortgage repayments are divided into capital repayments (repayment of the money you borrowed) and interest payments (repayment of the interest charged for the loan).

One Response to “Repayment Mortgages”

  1. [...] a mortgage UK mortgage blog « Mortgages for people with a bad credit history Repayment Mortgages [...]