Mortgage Payment

A mortgage payment is a periodic amount paid to a mortgage holder for repayment of a mortgage loan. There are different payment frequencies available including monthly, semi-monthly, bi-weekly and weekly. on top of the different timing, you can also elect to take the accelerated option which will reduce your mortgage principal faster.

For more information on mortgage payments- check out our blog articles on the topic;

5 Things that make a mortgage payment great

What’s in a mortgage payment