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Mortgage
Guide
Click for Full Contents
Types
Of Mortgage
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What are Repayment Mortgages
(aka Capital and Interest Mortgages)
This is the old fashioned, traditional type of mortgage and remains the only way the property is actually guaranteed to be yours at the end of the mortgage term - provided you have repaid the loan.
Your mortgage debt is divided into capital repayments (ie repayment of the money you borrowed) and interest payments (ie repayment of the interest you're being charged for the loan).
As you pay off your mortgage every month you're paying off a bit of capital and a bit of interest until the full debt is repaid.
You usually pay off mostly interest in the early years and then gradually more of the capital debt. It may seem as if this is costing more but that's because unlike the other types of mortgages you're paying off the capital and not just the interest.
Related topics Should I choose repayment or interest-only?
To read more on this subject please see the list below or your mortgage guide or your home buying guide
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More Details on Repayment Mortgages
Repayment Mortgages: What Are The Pros & Cons?
Why Choose A Repayment Mortgage?
How Easy Is It To Get A Repayment Mortgage?
Where Can I Get A Repayment Mortgage?
Repayment Mortgages: Frequently Asked Questions
Read On
Interest
only mortgages
Interest repayment
arrangements
Read On / Mortgage Guide
Choosing
a Mortgage
Different Mortgage Types
Re
Mortgages
How to Find your Mortgage
Mortgages in Principle
Read On
Guide to Buying Home in the UK
Guide to UK Home and Mortgage Insurance
Read more about Types of Mortgages
or
See contents of Full Mortgages Guide
or
See contents of Home Buyers Guide
or
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The
two major varieties:
Repayment
mortgages
Interest
only mortgages
Then
mix in the various:
Interest
repayment arrangements
Finally,
to cover all the different types there's a
Complete
A-Z of mortgages
Complete A-Z
All UK Mortgage types
100%
Mortgages
Base
Rate Trackers
Bridging
Loans
Bad
Credit Mortgages
Buy to Let
Calculators
for Mortgages
Cashback
Mortgages
Capped
Rate
Costs
of a Mortgage
Current
Account Mortgages
Discounted
Variable Rates
Equity
Release Mortgages
Endowment
Mortgages
Expatriate Mortgages
First
Time Buyer Mortgages
Fixed
Rate Mortgages
Group
Mortgages UK
Interest
Only Mortgages
Investment Mortgages
ISA
Mortgages - UK
Part
and Part Mortgages
Pension
Mortgages
Prime
Mortgages
Repayment
mortgages
Shared
Ownership Mortgages
Standard
Variable rate
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Mortgage
Basics
How
to Choose your Mortgage
Types of Mortgage
Where to Find Your Mortgage
Getting a Mortgage in Principle
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