Fixed Installment

The fixed monthly payment (including interest) due on a An agreement between the customer and a bank in the form of a homeloan, whereby the property is used as the security for the loan. It is a legal document that pledges a property to the lender as security for payment of a debt. Afrikaans - Verband

">mortgage A sum of borrowed money (principal) that is generally repaid with interest. Afrikaans - Lening

">loan. It remains constant for a certain period, and goes hand-in-hand with The mortgage interest rate will remain the same for a specified term of the mortgage for the original borrower. Afrikaans - Vaste Rentekoers

">Fixed Interest Rates. Afrikaans - Vastepaaiement