Phrases with «amount someone owe on one's mortgage»

The phrase "amount someone owes on their mortgage" means the total money that a person still needs to pay back to the bank or lender for their home loan. Full definition

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Sentences with «amount someone owe on one's mortgage»

  • Many homeowners worry about the consequences of undertaking a short sale, and paying their lender back less than the full amount owing on their mortgage. (arklawgroup.com)
  • You may make a lump sum payment of up to 20 % of the principal amount owing on the mortgage at the beginning of your current term without paying a penalty or charge. (bridgewaterbank.ca)
  • Equity is the difference between the fair market value of a property and the outstanding amount owed on the mortgage. (vahomeloancenters.org)
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