answersLogoWhite

0

What is a graduated payment mortgage?

Updated: 9/23/2023
User Avatar

Wiki User

9y ago

Best Answer

allows you to make small payments for a few years and much larger ones later.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a graduated payment mortgage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the interest rates for an FHA loan?

The interest rates for an FHA loan differ depending on the type of FHA mortgage, such as adjustable rate, fixed rate, energy efficient mortgage, graduated payment mortgage, etc.


Balloon payment you have a balloon mortgage payment and you lost your job how can you get help?

I have a balloon mortgage payment and i lost my job how can i get help


Bank of America mortgage payment address?

Where do I mail my mortgage payment to? I live in Chicago Ill.


What can you do if your mortgage payment is 2 months late?

call the mortgage holder and make payment arrangements


Can you use a second mortgage as a down payment?

You can use a 2nd mortgage on a home for the down payment of another home. The payment for the 2nd mortgage will need to be added to your debt ratios.


Where can one go to calculate a mortgage payment?

There are mortgage calculators online. Most typically one can find a mortgage payment on Bankrate. One can also contact any local bank to help them determine a mortgage payment.


What affects the size of your monthly mortgage payment?

Your monthly mortgage payment is affected by the amount of the loan, the interest amount, and the length of time of the mortgage.


How do you use payment in a sentence?

I have to make a payment on my mortgage.


What is initial payment on a mortgage called?

Down payment


What does the average American mortgage payment?

the average mortgage payment is around $1400.00 a month. believe it or not when i bought my house in 1972 my mortgage was $143.75 a month


What is a mortgage payment calculator?

A mortgage payment calculator will calculate your monthly mortgage payments. You can find a full list of helpful information at: www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx


What is the difference between a mortgage and monthly rent?

Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.