Monthly Repayment: The amount payable to a lender each month by a borrower towards the cost of the loan.
Mortgage: The name given to a loan used to purchase property or land.
Mortgage Code: The regulations that govern the business practices of mortgage providers.
Mortgage Deed: Legal document governing a loan on property or land.
Mortgage Term: The length of time over which a mortgage loan must be repaid.
Mortgage Payment Protection Insurance: Insurance which covers mortgage payments.