Repayment (Capital & Interest) method - One of two ways used to pay off your mortgage, the other being the Interest only method. Your monthly payments are used not only to pay the interest on your borrowings but also a proportion of the actual amount borrowed. At the end of the term, both the borrowing and interest on this borrowing would have been paid in full.
Repayment (Capital & Interest) method : one of two ways used to pay off your mortgage, the other being the interest only method. your monthly payments are used not only to pay the interest on your borrowings but also a proportion of the actual amount borrowed. at the end of the term, both the borrowing and interest on this borrowing would have been paid in full.
Repayment (Capital & Interest) method