Reasons for an endowment mortgage


salvan
salvan's picture

Joined: Jul 2009
Current Posts: 1

The customer pays only the interest on the capital borrowed, thus saving money with respect to an ordinary repayment loan; the borrower instead makes payments to an endowment policy. The objective is that the investment made through the endowment policy will be sufficient to repay the mortgage at the end of the term and possibly create a cash surplus.

[url=http://www.self-cert-mortgage-centre.co.uk/non-status-mortgages.html]Non Status Mortgages[/url]
[url=http://www.grenswoningen.nl/zoeken/koopwoningen-duitsland.html]woning duitsland en belgie[/url]

 

 

 

No votes yet