Mortgage payment
Definition
The monthly payment of interest and principal made by the borrower. The formula used to calculate it is shown in Mortgage Formulas.
Related Terms Other terms related to 'Mortgage payment' starting with the letter 'M' Mortgage referrals, Margin, Maximum loan to value ratio, Mortgage insurance premium, Monthly debt service Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 