Real Estate Financing
Mortgage Installment
Short Definition
Amount borrower pays monthly to repay mortgage loan, composed of part of principal and part of interest or profit.
In Other Languages
Arabic
القسط الشهري للرهن
المبلغ الذي يدفعه المقترض شهرياً لسداد قرض الرهن، يتكون من جزء من الأصل وجزء من الفائدة أو الربح.
English
Mortgage Installment
Amount borrower pays monthly to repay mortgage loan, composed of part of principal and part of interest or profit.
Turkish
İpotek Taksiti
Borçlunun ipotek kredisini geri ödemek için aylık ödediği tutar; anaparanın bir kısmı ve faiz veya kârın bir kısmından oluşur.
Related Terms
Real Estate Mortgage
A real security recorded over a property to guarantee a debt, governed by the Registered Real Estate Mortgage Law under Saudi Central Bank supervision, and recorded with the competent body to be enforceable against third parties.
Amortization
Distribution of asset or loan cost over set time period through regular installments, common in real estate loans and long-term investments.