Capital Rest Period

15/06/2021

This is the regularity with which a Lender calculates the outstanding balance on mortgages, and hence the size of monthly repayments.

It is usually annually, monthly or daily.

With Capital and Interest mortgages this can be important; an annual interest calculation means that the borrower will pay interest on capital repayments that have been made in the course of that year.

In contrast a daily or monthly interest calculation means that the balance, and consequently the interest charged, will reduce with every capital repayment made.

Premium WordPress Themes Download
Download WordPress Themes
Free Download WordPress Themes
Download Nulled WordPress Themes
lynda course free download
download xiomi firmware
Download WordPress Themes Free
udemy paid course free download
Go back