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Self-amortizing mortgage
A Mortgage in which all Principal is Paid off in a specified period of time (often 15 or 30 years) through regular Principal and Interest payments. The advantage of such a Mortgage is that the home-owner is not left with a large lump-sum at the end of the Mortgage period. The disadvantage is that periodic payments are higher than if the Mortgage simply covered the interest.
Semi Related Terms: 535 CLICK HERE TO VIEW
52-week high ,
12b-1 funds ,
30-day wash rule ,
Average collection period ,
Accrual of discount ,
Accrued interest ,
Amortization of premium ,
At par ,
All or any part ,
At best ,
At call ,
Absolute advantage ,
All-risks coverage ,
At risk ,
Abstract of title ,
As is ,
Attorney in fact ,
Adjustable Rate Mortgage ,
Assignment of mortgage ,
Assumable mortgage ,
A shares ,
Average price per share ,
At the money ,
Age-weighted plan ,
Across the board ,
Additional paid-in capital ,
Ad valorem ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Automated Pricing and Reporting System ,
Away from the market ,
Back pay ,
Below the line ,
Books of final entry ,
Books of original entry ,
Book value per share ,
Banking Act of 1933 ,
Benchmark interest rate ,
Bid-to-cover ratio ,
Bureau of Public Debt ,
Brought over the wall ,
Buy the book ,
Basic earnings per share ,
Balance of payments ,
Base interest rate ,
Base period ,
Base-year analysis ,
Board of Governors ,
Beneficial owner ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
Balloon payment ,
Back-end load ,
B shares ,
Buy and write ,
Blackout period ,
Blow-off top ,
Breadth-of-market theory ,
Beat the gun ,
Calendar year ,
Capitalized interest ,
Commercial year ,
Cost Of Goods Sold ,
Cost of sales ,
Compound interest ,
Certificate of Participation ,
Collateralized Mortgage Obligation ,
Code of procedure ,
Covered arbitrage ,
Capitalization of income ,
Comparative advantage ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Cash and carry trade ,
Chasing the market ,
Chicago Board of Trade ,
Crop year ,
Cost-of-living rider ,
Certificate of stock ,
Cost of carry ,
Certificate of title ,
Cancellation of debt ,
Certificate of Claim ,
Chattel mortgage ,
Closed-end credit ,
Commercial mortgage ,
Consumer interest ,
Conventional mortgage ,
Cost of debt capital ,
Cost of funds ,
Cure period ,
Closed-end fund ,
Closed-end investment company ,
C shares ,
Class of options ,
Close to the money ,
Covered call ,
Covered option ,
Covered put ,
Covered straddle ,
Certificate of Occupancy ,
Cash or Deferred Arrangement ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Cover ,
Child and dependent care credit ,
Coefficient of determination ,
Cup and handle ,
Certificate of delivery ,
Close a position ,
Cornering the market ,
Curbs in ,
Deposit in transit ,
Date of issue ,
Date of payment ,
Deferred interest bond ,
Delivery vs. payment ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Do Not Reduce ,
Date of record ,
Distribution period ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Deed of Release ,
Deed of Trust ,
Deferred payment ,
Discharge of bankruptcy ,
Discharge of lien ,
Down payment ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Deferred payment annuity ,
Dogs of the Dow ,
Daily high ,
Depth of market ,
Effective annual interest rate ,
EFT ,
Eurodollar certificate of deposit ,
Exact interest ,
Either-or order ,
ECI ,
E-mini ,
Exchange of spot ,
Ex-all ,
Equitable owner ,
Equity mortgage ,
Explicit interest ,
Expiration time ,
Employee Retirement Income Security Act of 1974 ,
First In First Out ,
Fiscal year ,
Federal Savings and Loan Association ,
Federal Home Loan Mortgage Corporation ,
Federal National Mortgage Association ,
Flow of funds ,
Fill or kill ,
Front-ending an order ,
Forward P/E ,
Fully diluted earnings per share ,
Factors of production ,
Favorable balance of trade ,
Forward cover ,
Front-end load ,
Form S-1 ,
Friends and family offering ,
First mortgage ,
Fixed-Rate Mortgage ,
Forward interest rate ,
Full faith and credit ,
Family of funds ,
Fund of funds ,
Free and clear ,
Free right of exchange ,
Federal ID Number ,
Ginnie Mae pass-through ,
Government National Mortgage Association ,
G-7 ,
General Agreement on Tariffs and Trade ,
G-8 ,
Grace period ,
General mortgage ,
Graduated payment ,
Growing equity mortgage ,
Growth and income fund ,
Gather in the stops ,
High-grade bond ,
High yield ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House of issue ,
Health Insurance Portability and Accountability Act ,
High ,
High-flyer ,
High-tech stock ,
Holder in due course ,
High credit ,
High-ratio mortgage ,
Home equity ,
Home Equity Conversion Mortgage ,
Home equity debt ,
Home equity line of credit ,
Home equity loan ,
Home Mortgage Disclosure Act ,
HUD-1 statement ,
Home inspection ,
Holding period ,
Head and shoulders ,
High-low index ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Home run ,
Interest-bearing ,
In escrow ,
Interest rate collar ,
Interest rate risk ,
Interest rate swap ,
In-house ,
Investment Advisor Act of 1940 ,
Investment Company Act of 1940 ,
In line ,
Interest rate futures ,
Insurable interest ,
Insider Trading sanctions Act of 1984 ,
Interest ,
Interest expense ,
Internal Rate of Return ,
Indication of interest ,
Inc. ,
In intestacy ,
Inter vivos trust ,
Imputed interest ,
Insured mortgage ,
Interest deduction ,
Interest-only loan ,
Interest rate ,
Interest rate cap ,
Interest rate ceiling ,
Interest rate floor ,
In play ,
In-process research and development ,
Interest rate option ,
I/O strip ,
Inchoate interest ,
Interest-only strip ,
Immediate payment annuity ,
In-service withdrawal ,
Imbalance of orders ,
In and out ,
In sympathy ,
In the tank ,
Jointly and severally ,
Jumping the gun ,
Joint and several liability ,
Joint mortgage ,
Joint and survivor annuity ,
Last In First Out ,
Lender of last resort ,
Law of one price ,
Lending at a rate ,
Look-through earnings ,
Law of demand ,
Law of supply ,
London International Financial Futures and Options Exchange ,
London Inter-Bank Offer Rate ,
Lump sum distribution ,
Letter of comment ,
Lockup period ,
Legal age ,
Line of credit ,
Lock-in ,
Long-term mortgage ,
Lump sum ,
Large cap ,
Leading the market ,
Locked in ,
Long-term gain or loss ,
Level I quotes ,
Mortgage-backed certificate ,
Mortgage-backed security ,
Mortgage bond ,
Mortgage pass-through security ,
Mortgage pool ,
Make a market ,
Market if touched order ,
Medium of exchange ,
Mortgage life insurance ,
Mortgage lien ,
Minimum payment ,
Modified pass-through ,
Money at call ,
Mortgage ,
Mortgage banker ,
Mortgage banking ,
Mortgage broker ,
Mortgage debt ,
Mortgage interest deduction ,
Mortgage note ,
Mortgage rate ,
Mortgage REIT ,
Mortgage risk ,
Mortgage servicing ,
Net interest margin ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
Non-interest-bearing note ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
No limit order ,
No quote ,
Notice period ,
No-Fault ,
No-Action Letter ,
Null and void ,
No-lien affidavit ,
Notice of Default ,
Notional principal amount ,
No-load ,
National Association of Real Estate Investment Trusts ,
Normal retirement age ,
No-load stock ,
New high ,
No book ,
Off-balance-sheet financing ,
Off the books ,
One time charge ,
Office of Thrift Supervision ,
Ordinary interest ,
Out-of-favor ,
Over-the-Counter ,
Off-floor order ,
Or better ,
Open interest ,
Opinion of title ,
On-the-spot loan ,
Open-end credit ,
Open-end mortgage ,
Open mortgage ,
Original principal balance ,
Overlying mortgage ,
Owner financing ,
Open-end fund ,
Open-end management company ,
Out of the money ,
Open-end lease ,
Own ,
Old age, survivors, and disability insurance ,
Off-board ,
On the opening ,
Owner-employee ,
Pooling of interests ,
Profit and loss statement ,
Pass-through ,
Pass-through coupon rate ,
Payment date ,
Payment-in-kind security ,
Premium over bond value ,
Premium over conversion value ,
Price Value of a Basis Point ,
Private sector pass-through ,
Payment for order flow ,
P&L ,
Primary earnings per share ,
Periodic payment plan ,
Private Mortgage Insurance ,
Per stirpes ,
Pour-over will ,
Power of Attorney ,
Package mortgage ,
Paid ,
Paid up ,
Personal interest ,
Prepaid interest ,
Principal ,
Principal amount ,
Principal balance ,
Principal risk ,
Prioritization of debt ,
Purchase-money mortgage ,
Paid-in capital ,
Paid-in surplus ,
Payback period ,
Private Investment in Public Equity ,
Preservation of capital ,
Point-and-figure chart ,
Painting the tape ,
Quiet period ,
Reports and Records ,
Return of capital ,
Real interest rate ,
Real Estate Mortgage Investment Conduit ,
Regular-way delivery ,
Reading the tape ,
Real-time trade reporting ,
Receive against payment ,
Receive versus payment ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Round of funding ,
Rule 15c3-1 ,
Rules of Fair Practice ,
Rate of exchange ,
Reciprocal of European terms ,
Reduced paid-up insurance ,
Red herring ,
Regulation A ,
Reverse Take-Over ,
Right of first refusal ,
Right of rescission ,
Remaining principal balance ,
Residential mortgage ,
Reverse-annuity mortgage ,
Reverse mortgage ,
Revolving line of credit ,
Right of recourse ,
Roll over ,
Rollover mortgage ,
Rule of 78 ,
Registered options principal ,
Redemption period ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Risk/return trade-off ,
Rate of return ,
Real rate of return ,
Real-time ,
Selling, General and Administrative Expenses ,
SG&A ,
Savings and Loan ,
Sight letter of credit ,
Simple interest ,
S&L ,
Stop payment ,
Securities and Exchange Commission ,
Segregation of securities ,
Sell the book ,
Standard of living ,
Series 3 ,
Short interest ,
Short interest ratio ,
Severally but not jointly ,
Statute of Limitations ,
Sale and leaseback ,
Satisfaction of debt ,
Secondary mortgage market ,
Second mortgage ,
Security interest ,
Self-amortizing mortgage ,
Share appreciation mortgage ,
Single-payment loan ,
Standard payment calculation ,
Staggered board of directors ,
Selling the spread ,
Selling short against the box ,
Short cover ,
Shorting against the box ,
S Corporation ,
Short-term gain or loss ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Seek a market ,
S&P phenomenon ,
Stop and reverse ,
Times interest earned ,
Time deposit ,
Time draft ,
T-Bill ,
Take a position ,
Time order ,
Trailing P/E ,
Tenancy by the entirety ,
Time note ,
Truth in Lending ,
Two-step mortgage ,
Time spread ,
Tenancy at will ,
Time-sharing ,
Top hat plan ,
Transfer payments ,
Ten-bagger ,
The Street ,
Time stop ,
Timing the market ,
Taxpayer Relief Act of 1997 ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Take a bath ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Unearned interest ,
Unit of trade ,
Unit of trading ,
Vesting period ,
With interest ,
Waiver of premium ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
When, as, and if issued ,
X or XD ,
Year-over-year ,
Year-To-Date ,
Y shares