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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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Cumulative Interest

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Simply, this is the total of all interest that will be paid throughout the life of the loan if the full term is taken. The figure does not take into account any up-front payments or inflationary effects.

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