Mortgage (amortising or reducing) is the principal and interest type loan which is the most common form of housing loan. The repayments through the term of the loan include both interest and principal.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). mortgage (amortising or reducing). Retrieved September 26, 2026, from http://smartdefine.org/mortgage_(amortising_or_reducing)/definitions/1158452 |
| Chicago | Barry Goldsmith. 2010. "mortgage (amortising or reducing)" http://smartdefine.org/mortgage_(amortising_or_reducing)/definitions/1158452 (accessed September 26, 2026). |
| Harvard | Barry Goldsmith 2010, mortgage (amortising or reducing), Smart Define, viewed 26 September, 2026, <http://smartdefine.org/mortgage_(amortising_or_reducing)/definitions/1158452>. |
| MLA | Barry Goldsmith. "mortgage (amortising or reducing)" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/mortgage_(amortising_or_reducing)/definitions/1158452> |