repayment mortgage

It's not just that he makes more commission by selling you an endowment rather than a repayment mortgage.

Just like a repayment mortgage, the interest rates can change, and this will affect your monthly payment.

Otherwise the affordability criteria will be the same as for capital and repayment mortgages.

Now a repayment mortgage they will extend the term of the mortgage.

Repayment mortgages are the basic kind of mortgage.

But there are drawbacks to the repayment mortgage.

Another alternative to a straight repayment mortgage might be an offset mortgage.

Once you've decided on the type of loan, your main decision will be whether to choose an interest-only or repayment mortgage.

Most people now go for a repayment mortgage, whereby both the interest and capital is repaid to the lender each month.

My strong preference is for a repayment mortgage every time, but someone with a more gung-ho attitude to life may give a completely different answer.

After your second or third mortgage, you may feel ready to branch out from the standard endowment or repayment mortgage.

With a repayment mortgage, you pay back a monthly sum which is not only a proportion of the outstanding debt but also interest on the remainder.

So now, our diminishing savings partly fund our living expenses - including our repayment mortgage.

The new lenders were offering borrowers more flexible loan arrangements than the traditional 25-year endowment and repayment mortgages on offer from the societies.

Mortgage Life Insurance is a form of insurance specifically designed to protect a repayment mortgage.

Repayment mortgage - a mortgage repayment method where the capital and interest is repaid.

Assuming a standard loan rate of 14.75 per cent, a typical £60,000 repayment mortgage would cost £669.77 per month.

A (theoretical) continuous repayment mortgage is a mortgage loan paid by means of a continuous annuity.

Decreasing term life insurance is usually the cheapest option, but it's only suitable if you have a repayment mortgage which will get smaller as time goes by.

And it seems to have happened because thirty years ago everybody like Jerry and me had a repayment mortgage which meant there were very few endowment mortgages.

Historically, investment-backed mortgages offered various tax advantages over repayment mortgages, although this is no longer the case in the UK.

The repayment mortgage is the traditional method of arranging a mortgage where capital is repaid by level monthly instalments together with interest.

This would add £40 a month to the cost of a £300,000 repayment mortgage, Mr Hollingworth said.

With a repayment mortgage - sometimes called a capital and interest mortgage - you repay a portion of the loan and the accrued interest each month.

The choice is between a repayment mortgage which is a straightforward loan, an endowment mortgage which includes life assurance, and a pension mortgage.