What is a Repayment Mortgage?Written by John Mussi
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With a repayment mortgages entire mortgage is paid back over an agreed period of time. This is referred to as mortgage's term and is usually set at 25 years. When mortgage's term has come to an end, providing all repayments have been met, property will be in hands of homeowner. A repayment mortgage means that each month you make a payment to your lender which consists of both a repayment of part of loan and a payment of interest on your loan. You are reducing your debt every month, and as a safeguard you will need to arrange life assurance, which is often a compulsory requirement with mortgage lenders so that should you die before end of term your mortgage will be paid off. Deciding which mortgage is best for you depends on a few factors, which is why it's important for you to do your financial homework first. Repayment mortgages are regarded as safest option, hence their appeal to more cautious investor. They are certainly much easier to understand and you should have no trouble working out your monthly incomings and outgoings. You may freely reprint this article provided author's biography remains intact:
John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the www.directonlineloans.co.uk website.
| | Your Portfolio and “Old Ironsides”Written by Kemberly Wardlaw
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A second point to remember, just like ship, your portfolio may require maintenance from time to time. Positions may weaken and require your attention. Other positions may grow to a point where profit taking is in order. As with strong currents of seas, market will take its direction and you must adapt to it. Finally, you should consider periodic reviews (i.e. monthly, quarterly, annually) vital to your portfolio. Even USS Constitution has an annual appointment, with America, where she makes her “Turn-Around” trip. This allows her to weather evenly while at dock during year and to keep her on active commission. Onlookers, meanwhile, have opportunity to view all sides of ship. You, too, should be familiar with all areas of your portfolio. This Fourth of July, when you reflect upon our independence, remember to schedule a visit with your savings.
Wardlaw's belief is that familiar life elements best illustrate practical investment strategies; not typical investment jargon. With that philosophy, the author assists financial planners/advisors, brokerage firms, periodicals, and other investment information syndicates create informative and entertaining articles. For comments and questions, please contact the author at tools2invest@yahoo.com or visit www.tools2invest.com
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