Mortgage Interest Payment
Key Facts
Abbreviation
MIP
Pronunciation
/ˈmɔrgɪʤ ˈɪntəˌrɛst ˈpeɪmənt/
Category
Business
Related Field
Mortgage
Examples in Context
- In the financial policy, the buyer's mortgage interest rates, down payment have already emerged in the proportion of substantial concessions to developers of credit is also supported.
- Check the balance due on the mortgage, the interest payments and the payment behavior of the mortgagor.
- By extending the period of housing mortgage loan, the burden of monthly payment of housing buyers, the interest rate risk of monthly payment and of total interest payment increase.
- House mortgage loan reduces financial capital quality because of its occupying capital very long, its risk in interest, big gap between house price and residents ' income and weak ability in payment.
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