Level pay


 

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Level pay

Scheduling principal and interest payments (P&I) due under a mortgage so that total monthly payment of P&I is the same. Different from the typical mortgage for which the principal payment component of the monthly payment becomes gradually greater while the monthly interest component shrinks.



Level pay

Similar Matches

Level coupon bond

Level coupon bond

Bond with a stream of coupon payments that remain the same throughout the life of the bond.


Support level

Support level

A price level below which it is supposedly difficult for a security or market to fall. That is, the price level at which a security tends to stop falling because there is more demand than supply; can be identified on a technical basis by seeing where the stock has bottomed out in the past.


Level term insurance

Level term insurance

See 'life assurance'.


Level term assurance

Level term assurance

Life assurance that pays out a set amount throughout the entire agreement if you die during the term.


Equilibrium level

Equilibrium level

The value taken on by an economic variable in equilibrium, as opposed either to some other value, or to its rate of change.


Further Suggestions

Level debt service
Level load
support level
resistance level
reporting level
Level
Confidence level
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upper earnings level
Resistance level
Level term insurance
Level 2


 
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