What is the meaning of Capital and Interest?

Your monthly payments are partly to pay the interest on the amount you borrowed and partly to pay the outstanding mortgage and ongoing costs involved in a mortgage.

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APABarry Goldsmith. (2010). capital and interest. Retrieved September 22, 2026, from http://smartdefine.org/capital_and_interest/definitions/1149343
ChicagoBarry Goldsmith. 2010. "capital and interest" http://smartdefine.org/capital_and_interest/definitions/1149343 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, capital and interest, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/capital_and_interest/definitions/1149343>.
MLABarry Goldsmith. "capital and interest" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/capital_and_interest/definitions/1149343>