Capital repayment

actually every payment you make contains elements of capital and interest. As the years pass the proportion of capital as part of the overall payment increases - so in the early years you pay off very little, but the speed of repayment becomes very rapid at the end.

Posted By: Winged Eel Creosote on December 20th 2007 at 09:59:31

Message Thread

Can anyone on here please explain mortgages to me?! (General Chat) - Riverking, Dec 19, 23:21:32
- Just a thought... (General Chat) - Chelmsford Yella, Dec 20, 08:31:54
  - They would say... (General Chat) - Alan, Dec 20, 09:16:28
- OK here is my 2 pence worth (General Chat) - Stoopish, Dec 20, 02:13:54
  - Capital repayment (General Chat) - Winged Eel Creosote, Dec 20, 09:59:31
- Usually (General Chat) - Capital Canary, Dec 20, 00:11:57
  - Without trying to sound a know it all or anything... (General Chat) - Alan, Dec 20, 00:48:21
    - On the continent people rent and aren't bothered with ownership. (n/m) (General Chat) - Andyjzr, Dec 20, 00:51:06

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