Stepped discount mortgage

 

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Stepped discount mortgage

Where the discount is, for example, fixed at one level for one year and then a slightly lesser level for two further years. Remember it is the percentage discount that is stepped and not the monetary amount, so your repayment can still vary.



Stepped discount mortgage

Similar Matches

Discount Interest

Discount Interest

Interest at a beginning of the loan. For example if you take out a one-year loan of $100 at a discount interest rate of 10%, you would receive $90 at the outset.


Discounted rate mortgage

Discounted rate mortgage

A mortgage which guarantees the interest rate charged will remain a set number of percentage points below the lender's standard variable rate. The rate changes as base rate moves up and down, but the relationship between base rate and the rate you pay remains constant.


Accretion (of a discount)

Accretion (of a discount)

In portfolio accounting, a straight-line accumulation of capital gains on a discount bond in anticipation of receipt of par at maturity.


Volume discount

Volume discount

A reduction in price based on the purchase of a large quantity.


Discount rate

Discount rate

The interest rate at which the US Federal Reserve lends money to member banks.


Further Suggestions

Unamortized bond discount
Discount period
Pure discount bond
dividend discount model
Accrued discount
Rediscount
Discounted basis
Discounted dividend model (DDM)
Dividend Discount Return
Forward discount
Discount factor
Accrued market discount
Discount payment
discount yield
Discount Points
Discount Arbitrage
Discount rate
deep discount
Dividend Discount Model (DDM)
Forward discount
Discount bond
Original Issue Discount securities (OIDS)
Discounted cash flow (DCF)
Straight Discount
Discount broker


 
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