Amortisation / Life Insurance

Author : Kristen

Amortisation / Life Insurance

Amortisation is the repayment of all or part of a mortgage loan in equal instalments, usually on an annual basis. Generally speaking, the 2nd rank must be repaid within 15 years, or within 65 years at the latest. Lenders will give you a choice between direct or indirect amortisation.

This part of real estate financing requires special attention, since the adopted strategy could allow you to gain or lose a lot.

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Articles on amortisation / life insurance