Self-Amortizing Loan financial definition of Self-Amortizing Loan. Self-Amortizing Loan finance term by the Free Online Dictionary.

Self-Amortizing Loan

A loan where the borrower pays for part of the principal and the interest each month. A self-amortizing loan differs from an interest-only mortgage, where the borrower does not make principal payments over the life of the mortgage. An advantage of a self-amortizing loan is the fact that the borrower does not have to make a lump sum payment of the principal at maturity (or refinance at a potentially higher interest rate). However, self-amortizing loans have higher monthly payments than other types of loans. See also: Self-amortizing mortgage.

Self-amortizing loan. A self-amortizing loan is one that's paid off over a specific period of time as the borrower makes regular installment payments.

Part of each payment covers some interest on the loan, and the rest is applied to the principal. When the last payment is made, both principal and interest have been paid in full.

Self-amortizing loans can be bundled together and offered for sale as debt securities, such as those available through Ginnie Mae (GNMA). If you buy GNMA or similar bonds, you get back part of your principal as well as the interest you've earned each time you receive an interest payment. There is no lump-sum repayment of principal when the bond matures.

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Amortized Loan	This loan is a self-amortizing loan over a 15-year period. Michael Wengroff of Houlihan-Parnes Realtors, LLC by Real Estate Weekly The self-amortizing loan met the requirements of the board of directors, who sought to take advantage of the current low interest rate environment to put in place a long-term, self-liquidating mortgage. Time Equities, Inc by Real Estate Weekly The mortgagor receives a 35 year self-amortizing loan (40 years on new construction) of up to 85 percent loan to value at a fixed rate of interest (currently at 7. NY Urban offers new applications for HUD financing by Real Estate Weekly	Segregation Segregation of Securities Seguimiento del ticker Seguranca alimentar Seguridad alimentaria Seguro Seguro contra riscos cambiais Seguro de cambio Seguro de vida Seguro de vida de prima unica Seguro de Vida indexado Seguro de Vida indivudal Seguro de vida variable SEHK Seigniorage Seisan Kakaku seisin seized Seizoenarbeid SEK Select Ten Portfolio Selected Dealer Agreement Selective Hedging Self Service Self Tender Self-Amortizing Loan self-amortizing mortgage Self-Assessment self-contained appraisal report Self-Correcting Self-Directed IRA Self-Directed Portfolio Self-Directed Retirement Plan Self-Directed RRSP Self-Employed Borrower Self-Employed Contributions Act Self-Employed Income Self-Employed Individuals Self-Employed Taxpayer Self-Employment Self-Employment Income self-employment tax Self-Financing self-help Self-Inflicted Injury Self-Liquidating Bond Self-Liquidating Loan Self-Regulatory Organization Self-Selection Self-Similar Self-Supporting Debt	Self-Advocacy Resource Network Self-Advocate Leadership Network Self-Advocates as Leaders Self-Advocates Becoming Empowered Self-affairs Self-affrighted self-aggrandisement self-aggrandising self-aggrandizement self-aggrandizement self-aggrandizing Self-Aid Buddy Care self-alien self-alienation Self-Aligned Contact Self-Aligned Controlled Collapse Chip Connect Self-Aligned Double Patterning Self-Aligned Imprint Lithography Self-Aligned Laser Inertial Navigator Self-Aligned Metal Oxide Semiconductor Self-Aligned Single Electron Memories and Circuits self-aligned trenched contact Self-Aligning Boost and Reentry Self-Aligning Guide Shoe Self-Aligning System Self-Amortizing Loan Self-Amortizing Loans Self-amortizing mortgage Self-Amortizing Mortgages Self-amputation self-analyses self-analyses self-analyses self-analysing self-analysing self-analysing self-analysis self-analysis self-analysis self-analytic self-analytic self-analytic self-analytical self-analytical self-analytical Self-Anchored Suspension self-anesthesia self-annealing Self-annihilated self-annihilation self-antigen self-antigen self-antigen self-apparent self-applauding Self-applause

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References in periodicals archive

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Amortized Loan

This loan is a self-amortizing loan over a 15-year period.

Michael Wengroff of Houlihan-Parnes Realtors, LLC by Real Estate Weekly

The self-amortizing loan met the requirements of the board of directors, who sought to take advantage of the current low interest rate environment to put in place a long-term, self-liquidating mortgage.

Time Equities, Inc by Real Estate Weekly

The mortgagor receives a 35 year self-amortizing loan (40 years on new construction) of up to 85 percent loan to value at a fixed rate of interest (currently at 7.

NY Urban offers new applications for HUD financing by Real Estate Weekly

Segregation

Segregation of Securities

Seguimiento del ticker

Seguranca alimentar

Seguridad alimentaria

Seguro

Seguro contra riscos cambiais

Seguro de cambio

Seguro de vida

Seguro de vida de prima unica

Seguro de Vida indexado