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词汇 repayment-mortgage
释义 repayment mortgage
noun[ C ]
 BANKING, PROPERTYukus
in the UK, a mortgage on which you pay back both the capital(= amount borrowed) and the interest:
a 20-year/25-year, etc. repayment mortgageOn a £100,000 25-year repayment mortgage, you'll pay £561 per month.
take out a repayment mortgageI recommend that she takes out a repayment mortgage.

Compare


endowment mortgage

Examples of repayment mortgage


repayment mortgage
It consisted of a combination of full repaymentmortgage and partial repayment (hire purchase) finance spread over ten years for each aircraft.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
A (theoretical) continuous repaymentmortgage is a mortgage loan paid by means of a continuous annuity.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The insurance company then calculates the annual rate at which the insurance coverage should decrease in order to mirror the value of the capital outstanding on the repaymentmortgage.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
It is the annuity method, which is the basis on which a normal repaymentmortgage works.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I accept that an endowment mortgage will not be affected but that a repaymentmortgage will.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It will be assumed that the mortgage is a 25-year repaymentmortgage in which the monthly payments represent payments of both capital and interest.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
One may remember the old repaymentmortgage which is now going out of fashion.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I went to a leading building society to obtain a mortgage cost to cover £40,000, and found that a typical repaymentmortgage over 25 years was £67 a week.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The effect of interest rate changes on the amount of capital repaid on repayment mortgages is not included in these figures.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I am thinking of the insurance endowment mortgage, where all payments are made on interest, and ordinary repayment mortgages.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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