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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 pensionFlexible pensionAlso known as deferred income and income drawdown. Inflexible expensesInflexible expensesExpenses that cannot be adjusted or eliminated such as car payments or rental payments. Antithesis of flexible expenses. 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 exchange rateFlexible exchange rateSame as floating exchange rate. Flexible expensesFlexible expensesExpenses for an individual or corporation that can be adjusted or completely dispessed with, e.g., luxury goods. Further Suggestionsflexible mortgage accountFlexible mutual fund |
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