Mortgage Payment

Mortgage Payment

The payment of principal and interest made by the borrower.

References in periodicals archive ?
They didn't shave much off their mortgage payment, and against the planner's wishes, they took out money to pay off debt.
Rising home prices and steadily increasing interest rates have pushed the average monthly mortgage payment up nearly 13 percent nationally over the past year, further challenging home buyers this spring, according to a new analysis released today by realtor.
The FCA is also consulting on new guidance on the treatment of customers with mortgage payment arrears.
NAFCU Services Corporation announced its first major agreement with CUNA Mutual Group Tuesday as a preferred partner that will provide a mortgage payment protection product.
BANKING AND CREDIT NEWS-June 19, 2015-Manulife Bank of Canada debt survey finds 40% of homeowners made an extra mortgage payment in the past year
M2 EQUITYBITES-June 19, 2015-Manulife Bank of Canada debt survey finds 40% of homeowners made an extra mortgage payment in the past year
But it insists it is always best to speak out before you miss a mortgage payment, rather than waiting for the situation to go wrong.
Watson said: "Mortgage payment protection schemes offer shot-term coverage of mortgage payments when a home owner is unexpectedly out of employment or requires assistance due to sudden illness or an unfortunate accident.
The current mortgage payment has adjusted to more than you can afford.
The concept is fairly simple: If a homeowner is spending less money on their utility bills, they will have more money available to spend on their mortgage payment.
AVERAGE charges for mortgage payment protection policies at the top 10 lenders are higher than rivals.
Orem -- NEIGHBORHOOD GOLD, a national provider of down payment assistance for homebuyers, has introduced a mortgage Payment Protection Plan as part of its national down payment assistance program.