understanding financial jargon
Stabilised Payment Mortgage
With a Stabilised payment mortgage the borrower is allowed to select an interest rate within a given range. If at the end of an agreed period the loan has been over paid, a capital adjustment will be made to reduce the debt. Conversely, if the loan has been under paid, the capital sum then owed is increased.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
We hope you found this information useful.
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