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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 exchange rateFlexible exchange rateSame as floating exchange rate. 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. Flexible expensesFlexible expensesExpenses for an individual or corporation that can be adjusted or completely dispessed with, e.g., luxury goods. Flexible pensionFlexible pensionAlso known as deferred income and income drawdown. Flexible 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. Further SuggestionsInflexible expensesFlexible mutual fund |
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