Wallace & Co. Solicitors and Notaries.

Q7: What is a repayment mortgage?

A7: This is where you borrow, say £100,000 over 20 years. Your monthly payment includes interest and some capital. You gradually repay the £100,000 so that at the end of the 20 years the loan is completely repaid.

Wallace & Co., Solicitors and Notaries. 11a Station Parade, Balham High Road, London, SW12 9AZ (entrance in Ravenstone Street).
Tel: 020 8675 6755. Fax: 020 8675 2001.
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