A Repayment mortgage (or Capital and Interest Mortgage) is the most popular type of mortgage. Each month the interest is paid along with a repayment of some of the capital. Initially the monthly payment will be mainly interest but as more capital is paid off, less interest is due resulting in more capital paid off each month.

This is a popular choice due to the guarantee that, if payments are always made on time, the mortgage will be fully repaid at the end of the term.

Due to the current climate lenders are insisting more and more on repayment mortgages.

At Mortgage and Money Management we have access to the whole of the market so we can ensure that we find the best product to fit with your circumstances.


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