The method of repayment where periodic payments of principal and interest are made in such a way that the payments remain constant in amount.
A loan payment, consisting of principal and interest, that is the same each month. Because the total payment amount remains fixed, the amount applied against principal each month varies. An example is a mortgage payment.
A retirement payment consisting of both a portion of the annual minimum and an amount in excess of the minimum.
A mortgage or other loan payment of which a portion pays out accrues interest and the remainder is applied to outstanding principal.
an amount made up partly of capital and partly of interest or some other type of income
a payment that can reasonably be regarded as being in part interest or other amount of an income nature and in part an amount of a capital nature
A mortgage payment in which the payment amount remains constant, but interest and principal components may vary.
A mortgage payment that includes principal and interest. It is paid regularly during the term of the mortgage. The payment total remains the same, although the principal portion increases over time and the interest portion decreases.
A mortgage payment that includes both interest and principal repayment. The amount of interest taken from each payment reduces while the amount applied to principal reduction increases over time, but the payment remains constant.
A mortgage payment consisting of both a principal and an interest component, paid regularly during the term of the mortgage.
