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Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:

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Accrued Interest

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Accrued Interest

Accrued interest is quite simply any interest that is payable on the loan, but has not actually been paid over and is therefore added to the amount owed.

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