Interest
Interest is the charge for borrowing money for a mortgage.
Interest is usually paid to the lender in monthly instalments along with repayment of the principal loan amount.
Click for more mortgage glossary terms relating to remortgaging.
Interest is the charge for borrowing money for a mortgage.
Interest is usually paid to the lender in monthly instalments along with repayment of the principal loan amount.
Click for more mortgage glossary terms relating to remortgaging.