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Mortgage Terms: Maturity Definition

Mortgage Terms: Maturity Definition

Maturity

Definition

The period until the last payment is due.

This is usually but not always the term, which is the period used to calculate the mortgage payment.

Related Terms

Other terms related to 'Maturity' starting with the letter 'M'

Mortgage formulas, Monthly total expenses, Mortgage referrals, Maximum loan to value ratio, Minimum down payment

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