A mortgage loan in which the principal, as well as the interest, is payable in monthly or periodic installments during the term of the loan.
A mortgage requiring regular payments which include both principal and interest sufficient to fully repay the loan by maturity.
A mortgage that requires periodic payments which include both a partial repayment of the principal plus interest on the outstanding balance.
A mortgage loan in which the principal and interest are payable in periodic installments during the term of the loan so that at the completion of all payments there is a zero balance.
Mortgage where the interest and principal have been fully repaid by the mortgagee.