Home
E-Mail
Latest

Level Payment Mortgage Financial Glossary

What is it? A loan that requires the same payment each month (or other period) for full amortization.

Finance Term Definition Added By: Charlotte

The Level Payment Mortgage definition has been viewed 2327 Time(s)!




Send To Friends!

If you'd like to send the Level Payment Mortgage definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Level Payment Mortgage. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Assessed Value is A public tax assessors appraisal of the value of an asset to calculate tax.

Financial Term Uncollected Funds is Funds that have been deposited in an account or cashed against an account by a check that has not yet been cleared through the check collection process and paid by the drawee bank. Temporary holds are sometimes placed on their customers uncollected funds. Funds are unavailable for withdrawal until the time period the hold expires.

Financial Term DJIA (Dow Jones Industrial Average) is This is the best known U.S. index of stocks. It contains 30 stocks that trade on the New York Stock Exchange. The Dow, as it is called, is a barometer of how shares of the largest U.S. companies are performing.

Financial Term Band D Equivalent is The weighted number of domestic properties subject to Council Tax in a local authoritys area. It is expressed as a proportion to Band D which is the middle property band (e.g. 1 Band H = 2 Band D; 1 1/2 Band A = 1 Band D).

Financial Term Lien is A charge against property making it security for the payment of a debt, either voluntary or involuntary; for example, a mortgage.