Welcome to Anagrammer Crossword Genius! Keep reading below to see if repayment is an answer to any crossword puzzle or word game (Scrabble, Words With Friends etc). Scroll down to see all the info we have compiled on repayment.
repayment
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The answer REPAYMENT has 11 possible clue(s) in existing crosswords.
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The word REPAYMENT is VALID in some board games. Check REPAYMENT in word games in Scrabble, Words With Friends, see scores, anagrams etc.
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Definitions of repayment in various dictionaries:
noun - the act of returning money received previously
noun - payment of a debt or obligation
noun - something that is paid
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A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest, so that the amount borrowed decreases throughout the term and by the end of the loan term has been fully repaid. This contrasts with an interest-only mortgage (such as an endowment mortgage or some types of balloon payment mortgage) where monthly repayments are for interest, and the borrower must repay the full loan at term in a lump sum. * One advantage of a repayment mortgage is that it removes the risk of having an investment (as exists in an endowment mortgage), the performance of which is dependent on the stockmarket. The borrower is also less likely to suffer from negative equity because the mortgage balance will be reducing month on month. * As time moves on, the equity percentage in the property increases. However, in the early years the bulk of the mortgage repayments consist of the interest component, so not much of the capital is actually paid off for some time. |