The regular principal and interest payments made to repay the mortgage .
a periodic payment that includes repayment of the principal and the payment of interest on the loan
a transfer more than a payment
A term normally used to distinguish the monthly payment on a home loan, including principal and interest plus one-twelfth of the annual property tax and insurance premium. Also known as PITI.
The monthly payment to made to your lender that reduces the debt once a month. Your monthly mortgage payment includes four components. Principal refers to the part of the monthly payment that reduces the remaining balance of the mortgage. Interest is the fee charged for borrowing money. Taxes and insurance refer to the amounts that are paid into an escrow account each month for property taxes and mortgage and hazard insurance.
The loan payments for a mortgage are composed of interest (what the lender charges for borrowing money) and principal (amount borrowed).
The total amount of your monthly mortgage payment. Principal and Interest (P&I) are due on every loan. Taxes and insurance (T&I) are also included if the lender requires an impound accout.
A regularly scheduled payment that is blended to include both principal and interest.
A regularly scheduled payment that usually includes both principal and interest.
The amount of money that the purchaser pays to the lender on an established, regular basis to repay the principal and pay interest on the mortgage loan.
The monthly payment of principal and interest made by the borrower.
Scheduled payments that include principal and interest.
The regular installments made towards paying back the principal and paying interest on a mortgage.
Compare monthly payments using different down-payment amounts
The installments made to pay back the principal and interest on a mortgage.