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 October 1, 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 October 1, 2026). |
| Harvard | Barry Goldsmith 2010, mortgage (amortising or reducing), Smart Define, viewed 1 October, 2026, <http://smartdefine.org/mortgage_(amortising_or_reducing)/definitions/1158452>. |
| MLA | Barry Goldsmith. "mortgage (amortising or reducing)" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/mortgage_(amortising_or_reducing)/definitions/1158452> |