Negative Amortization - Law Dictionary Search Results
negative amortization
negative amortization amortization means that monthly payments are large enough to pay … pay the interest and reduce the principal on your mortgage. Negative amortization occurs when the monthly payments do not cover all of
cap
of interest the lender is earning, so they may cause negative amortization. Source: U.S. Department of Housing and Urban Development
- ‹ Prev
- Next ›
Try the research workspace — 7 days free