Monthly fixed installment


What is Monthly fixed installment?

That portion of the total monthly mortgage payment that is applied toward principal and interest. When a mortgage negatively amortizes, the monthly fixed installment does not include any amount for principal reduction.

FREE Listing Alerts

Sign up today - it's FREE

Foreclosure Deals

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.