 |
each monthly
repayment to your lender consists of an element
of capital and interest |
 |
gradually your loan reduces,
building up equity in your home |
 |
at the end of the term
your mortgage will be repaid, providing you keep
up your monthly repayments |
 |
suitable for people who
would like to guarantee the repayment of their mortgage |
 |
a low risk method of repaying
your mortgage |