HomeSite MapCompareFinanceDebtCasino CapThe mortgage definition for Cap:A limit on the amount the interest rate or monthly payment can increase in an adjustable rate mortgage. Similar MatchesCap & collar mortgageCap & collar mortgageThis is a mortgage that has both a top and bottom limit set for the interest rate. It is a very safe and risk free type of mortgage, as you are protected against intetrest rate rises above a certain point, but you are losing some of the potential gains if interest rates drop. CapitalCapitalIn the context of mortgages, capital describes the original sum borrowed as distinct from interest required on that loan. A repayment mortgage involves repayment of a little of the capital interest each month. Capital appreciation or depreciationCapital appreciation or depreciationThe increase or decrease in the value of the individual's investment in the property. Further SuggestionsCapital expenditureCapital gains Capital gains tax Capital growth Capped rate mortgage Lifetime cap Click to compare definitions of Cap Click to view definitions beginning ca |