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Mortgage Glossary

This Mortgage Glossary simplifies the most commonly used home loan and finance terms making it easier for you when buying your home or investment property.

1. Amortising loan

The formal term for a standard principal and interest loan.

2. Arrears

The formal term for a standard principal and interest loan.

3. Asset

The formal term for a standard principal and interest loan.

4. Bona-fide

The formal term for a standard principal and interest loan.

5. Break cost

The formal term for a standard principal and interest loan.

6. Bridging finance

The formal term for a standard principal and interest loan.

7. Budget

The formal term for a standard principal and interest loan.

8. Capital gains tax

The formal term for a standard principal and interest loan.

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