A type of mortgage where the interest rate remains the same for the entire loan term, providing predictable monthly payments for short-term rental owners.
Menu
Glossary Term: Mortgage Financing
3 posts
An initial payment made when purchasing an investment property for short-term rentals, typically a percentage of the total purchase price.
A table outlining the periodic payments of a mortgage loan, showing the allocation of each payment towards principal, interest, and other applicable charges over the life of the loan.