 
 
 
 
 
 
|
Repayment plan
The mortgage definition for Repayment plan:
When a borrower falls behind in mortgage payments, many lenders will negotiate a repayment plan rather than go to court.
Similar MatchesEarly repayment periodEarly repayment period A period of time that applies to certain types of loan during which a charge will be made if the loan is repaid in full or in part or its terms are varied at the borrower's request.
Monthly repaymentMonthly repayment This is the amount you pay to your lender each month towards the cost of your loan.
Prepayment penaltyPrepayment penalty Lenders can impose a penalty on a borrower who pays a loan off before its expected end date.
Further Suggestions Repayment mortgage
Repayment period
Repayment term
Repayment vehicle
Click to compare definitions of Repayment plan
Click to view definitions beginning re
|
|