Simple Interest Mortgage
Simple Interest Mortgage
A mortgage on which interest is calculated daily based on the balance on the day of payment, rather than monthly, as on the standard mortgage.
See Amortization/Simple Interest Mortgages.
| 单词 | simple interest mortgage |
| 释义 | Simple Interest MortgageSimple Interest MortgageA mortgage on which interest is calculated daily based on the balance on the day of payment, rather than monthly, as on the standard mortgage. See Amortization/Simple Interest Mortgages. |
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