subject: 5 Key Reverse Mortage Loan Features To Notice [print this page] One big factor is the compound interest. When nothing will be paid back until the loan will be closed, the interest factor will amount to a big amount. The interest will be calculated monthly to all expenses, not only to the capital, but also to other smaller upfront items and service fees. However, all these costs can be calculated upfront and a senior gets a detailed figures, which means that he will not get any bad surprises.
5 Key Reverse Mortage Loan Features To Notice
By: Juhani Tontti
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