Bi-weekly Mortgage Definition | Investopedia
A mortgage payment plan where payments are made every two weeks, as opposed to the more traditional monthly payment . Definition of 'Bi-weekly Mortgage' .
Skip-Payment Mortgage Definition | Investopedia
A mortgage program that allows the borrower to skip (not pay) a mortgage payment. Depending upon the specific lender, there is generally no charge .
Level Payment Mortgage Definition | Investopedia
A type of mortgage that requires the same dollar payment each month or payment period. Level payment mortgages allow borrowers to know exactly how much .
Graduated Payment Mortgage Definition | Investopedia
A type of fixed-rate mortgage in which the payment increases gradually from an initial low base level to a desired, final level. Typically, the payments will grow .
What Is a Graduated Payment Mortgage (GPM)? - Mortgage Professor
GPM stands for "graduated payment mortgage", meaning a mortgage on which the payment starts low and rises over time. Since the initial payment is used to .
mortgage loan payable definition | AccountingCoach.com
A liability account whose balance is the unpaid principal balance as of the balance sheet date. The amount of principal.
Accounting Principles II: Mortgage Payable
The long-term financing used to purchase property is called a mortgage. The property itself serves as collateral for the mortgage until it is paid off. A mortgage .
mortgage - definition of mortgage by the Free Online Dictionary ...
Definition of mortgage in the Online Dictionary. . mortgage insurance, adjustable rate mortgage, mortgage financing, mortgage payment, mortgage calculation, .
What is mortgage payable? definition and meaning
Definition of mortgage payable: Obligation listed as a long-term liability in a firm's balance sheet, except the obligation's current portion (due within a year of the .
Balloon Payment Definition | Investopedia
An oversized payment due at the end of a mortgage, commercial loan or other amortized loan. Because the . Definition of 'Balloon Payment'. An oversized .
Balance Sheet Definition | Small Business Encyclopedia ...
Balance Sheet definition from Entrepreneur's small business encyclopedia. . Mortgage payable is loans taken out for the purchase of real estate that are repaid .
- property image by Christopher Hall from yoga jewelry ct