Buy custom Mortgage Loan
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 835 |
Essay's paper body
On the maturity date the endowment policy proceeds are apportioned to satisfy the loan outstanding.
Offset Mortgage is a mortgage wherein a savings and/or current account is linked to the loan. This will enable the borrower to reduce their mortgage interest by offsetting their Savings and current account balances against the mortgage loan...
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Savings home loan in India is a variant of offset set mortgage product.
Step up Mortgage is a type of mortgage wherein the repayments for the loan increase over the period of the loan. This is arrived at by considering the expected rise in the income of the borrower. These are also known as graduated payment mortgage loans in the market...
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