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- Repayment_mortgage abstract "A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest, so that the amount borrowed decreases throughout the term and by the end of the loan term has been fully repaid. This contrasts with an interest-only mortgage (such as an endowment mortgage or some types of balloon payment mortgage) where monthly repayments are for interest, and the borrower must repay the full loan at term in a lump sum. One advantage of a repayment mortgage is that it removes the risk of having an investment (as exists in an endowment mortgage), the performance of which is dependent on the stockmarket. The borrower is also less likely to suffer from negative equity because the mortgage balance will be reducing month on month.As time moves on, the equity percentage in the property increases. However, in the early years the bulk of the mortgage repayments consist of the interest component, so not much of the capital is actually paid off for some time.".
- Repayment_mortgage wikiPageID "3044222".
- Repayment_mortgage wikiPageLength "1348".
- Repayment_mortgage wikiPageOutDegree "9".
- Repayment_mortgage wikiPageRevisionID "677215620".
- Repayment_mortgage wikiPageWikiLink Balloon_payment_mortgage.
- Repayment_mortgage wikiPageWikiLink Category:Mortgage.
- Repayment_mortgage wikiPageWikiLink Endowment_mortgage.
- Repayment_mortgage wikiPageWikiLink Interest-only_loan.
- Repayment_mortgage wikiPageWikiLink Interest-only_mortgage.
- Repayment_mortgage wikiPageWikiLink Mortgage_loan.
- Repayment_mortgage wikiPageWikiLink Negative_equity.
- Repayment_mortgage wikiPageWikiLink UK_mortgage_terminology.
- Repayment_mortgage wikiPageWikiLink United_Kingdom.
- Repayment_mortgage wikiPageWikiLinkText "Repayment mortgage".
- Repayment_mortgage wikiPageWikiLinkText "level payments".
- Repayment_mortgage wikiPageWikiLinkText "repayment mortgage".
- Repayment_mortgage hasPhotoCollection Repayment_mortgage.
- Repayment_mortgage wikiPageUsesTemplate Template:Econ-theory-stub.
- Repayment_mortgage wikiPageUsesTemplate Template:Mortgage_loan.
- Repayment_mortgage wikiPageUsesTemplate Template:Reflist.
- Repayment_mortgage wikiPageUsesTemplate Template:Use_dmy_dates.
- Repayment_mortgage subject Category:Mortgage.
- Repayment_mortgage hypernym Term.
- Repayment_mortgage type Theory.
- Repayment_mortgage comment "A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest, so that the amount borrowed decreases throughout the term and by the end of the loan term has been fully repaid.".
- Repayment_mortgage label "Repayment mortgage".
- Repayment_mortgage sameAs m.08msyp.
- Repayment_mortgage sameAs Q7313932.
- Repayment_mortgage sameAs Q7313932.
- Repayment_mortgage wasDerivedFrom Repayment_mortgage?oldid=677215620.
- Repayment_mortgage isPrimaryTopicOf Repayment_mortgage.