mortgage payable meaning

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' .
http://www.investopedia.com/terms/b/biweeklymortgage.asp

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 .
http://www.investopedia.com/terms/s/skip_payment_mortgage.asp

Step 1

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 .
http://www.investopedia.com/terms/l/level-payment-mortgage.asp

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 .
http://www.investopedia.com/terms/g/graduatedpaymentmortgage.asp

Step 2

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 .
http://www.mtgprofessor.com/a%20-%20other%20mortgage%20types/should_you_go_with_a_gpm.htm

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.
http://www.accountingcoach.com/terms/M/mortgage-loan-payable.html

Step 3

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 .
http://www.cliffsnotes.com/study_guide/Mortgage-Payable.topicArticleId-21248,articleId-21180.html

Step 4

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, .
http://www.thefreedictionary.com/mortgage

Step 5

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 .
http://www.businessdictionary.com/definition/mortgage-payable.html

Step 6

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 .
http://www.investopedia.com/terms/b/balloon-payment.asp

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 .
http://www.entrepreneur.com/encyclopedia/term/82186.html

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About the Author

Recast A Mortgage
What does it mean to recast a mortgage? . The loan has become popular because it features a low minimum payment option, but it is really a trap for the .
http://qna.mortgagenewsdaily.com/questions/recast-a-mortgage

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