Meaning Of The Word Growing-equity mortgage
What's the definition of Growing-equity mortgage? Find Growing-equity mortgage meanings, definitions and more at the Real Dictionary online.
Growing-equity mortgage Meaning
| Growing-equity mortgage Definition |
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What's The Definition Of Growing-equity mortgage?
growing-equity mortgage in American English
noun: a type of mortgage under which the interest rate is fixed but monthly payments increase annually to include more of the principal, so that the mortgage can be paid off in about half the conventional term |
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