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Τι (ποιος) είναι UK mortgage terminology - ορισμός
UK mortgage terminology
This article gives descriptions of mortgage terminology in the United Kingdom which can often be unclear to borrowers.
mortgage
![Fixed Interest Rates]] & 2 Loan Term) = Loan Principal + [[Expenses]] ([[Taxes]] & [[fees]]) + Total interest to be paid.<br />
The final cost will be exactly the same:
* when the interest rate is 2.5% and the term is 30 years than when the interest rate is 5% and the term is 15 years
* when the interest rate is 5% and the term is 30 years than when the interest rate is 10% and the term is 15 years](https://commons.wikimedia.org/wiki/Special:FilePath/Mortgage Loan Principal Expenses Interest Rates Loan Term Total Payment 02.png?width=200 "Fixed Interest Rates]] & 2 Loan Term) = Loan Principal + [[Expenses]] ([[Taxes]] & [[fees]]) + Total interest to be paid.<br />
The final cost will be exactly the same:
* when the interest rate is 2.5% and the term is 30 years than when the interest rate is 5% and the term is 15 years
* when the interest rate is 5% and the term is 30 years than when the interest rate is 10% and the term is 15 years")
LOAN SECURED USING REAL ESTATE
Mortgages; Islamic mortgage; Self-cert mortgage; 100% mortgage; Seasoned mortgage; Home Loan; Bad Credit Mortgage; Equity Mortgage; Mortgaging; Mortgage rates; 50 year mortgage; 40 year mortgage; Mortgage loans; Consumer mortgage; Mortage; Conventional mortgage loan; Home loan; Conventional mortgage; Mortgage Basics; Mortgage basics; Home mortgage; Residential mortgages; Home loans; Mortgage debt; Mortgage; Homeowner loan; Mortgage interest; Mortgage agreement; 100 per cent mortgage; Housing loan; Principal curtailment; Prime mortgage; Mortgage lending; Housing finance
n., v. a.
Pledge (for the payment of a debt).
mortgage
LOAN SECURED USING REAL ESTATE
Mortgages; Islamic mortgage; Self-cert mortgage; 100% mortgage; Seasoned mortgage; Home Loan; Bad Credit Mortgage; Equity Mortgage; Mortgaging; Mortgage rates; 50 year mortgage; 40 year mortgage; Mortgage loans; Consumer mortgage; Mortage; Conventional mortgage loan; Home loan; Conventional mortgage; Mortgage Basics; Mortgage basics; Home mortgage; Residential mortgages; Home loans; Mortgage debt; Mortgage; Homeowner loan; Mortgage interest; Mortgage agreement; 100 per cent mortgage; Housing loan; Principal curtailment; Prime mortgage; Mortgage lending; Housing finance
['m?:g?d?]
¦ noun a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.
?the amount of money borrowed in a mortgage.
¦ verb convey (a property) to a creditor as security on a loan.
Derivatives
mortgageable adjective
Origin
ME: from OFr., lit. 'dead pledge', from mort 'dead' + gage 'pledge'.
