FT MarketWatch

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.

Related Terms: 10 Cover, EFT, ECI, High, Interest, Inc., Mortgage, Own, Paid, Principal
Other Related Pages: Category: Real_Estate Starting With: S
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