Interest Reduction

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January 1, 1 6 min read Definitions

Accelerated Amortization Loan Repayment Principal Payments Mortgage Interest Reduction Financial Strategy

Accelerated amortization refers to the practice of making larger payments towards the principal amount of a loan than is required by the contractual payment schedule. This results in shortening the loan term and reducing the total interest paid over the life of the loan.

January 1, 1 6 min read Definitions

Growing Equity Mortgage (GEM)

Growing-Equity Mortgage GEM Mortgage Payments Equity Build-Up Real Estate Financing Interest Reduction

A Growing Equity Mortgage (GEM) is a type of fixed-rate mortgage where monthly payments increase over time according to a set schedule, leading to faster repayment and reduced interest cost over the life of the loan.