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Flexible mortgage |
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Flexible mortgageA mortgage that allows borrowers to make overpayments when they have spare cash, and reduce or miss payments altogether when times are tight. Often useful for self-employed people whose income varies from one month to the next. The most flexible form of mortgage is a Current Account Mortgage (CAM), which can potentially save you money by linking your current account and mortgage together.Flexible mortgage Similar MatchesFlexible mortgage accountFlexible mortgage accountA combined mortgage and current account. Any savings each month earn the mortgage rate, which is a relatively high and tax-free rate of return. Inflexible expensesInflexible expensesExpenses that cannot be adjusted or eliminated such as car payments or rental payments. Antithesis of flexible expenses. Flexible exchange rateFlexible exchange rateSame as floating exchange rate. Flexible mutual fundFlexible mutual fundFund that invests in a variety of securities in varying proportions in order to maximize shareholder returns while maintaining a low level of risk. Flexible budgetFlexible budgetA budget that shows how costs vary with different rates of output or at different levels of sales volume and projects revenue based on these different output levels. Further SuggestionsFlexible expensesflexible pension |
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