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 bank, Mandatory disclosure, Monthly debt service, Mortgage insurance premium, Mortgage auction site
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 | 