Interest-only loan

A non-amortized Loan in which Interest is due at regular Intervals until Maturity, when the Full principal on the Loan is due.

Related Terms: 7 Full, Interest, Inc., Intervals, Loan, Maturity, Principal

Other Related Pages: Category: Lending_and_Credit Starting With: I

Additional Related Terms: Accrued interest, Amortized value, At par, All or any part, At best, At call, At risk, Add-on service, As is, Attorney in fact