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Private Equity Solutions Blog 15 October 2008

15 October 2008

Endowment Mortgage Quote, The Promise Prophets

Posted by James Breen at 10/15/2008 2:51:00 AM

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What Is An Endowment Mortgage An endowment mortgage, in theory, is supposed to lower your mortgage payment. Ideally, endowment mortgages are much cheaper than standard mortgage policies such as repayment mortgages. When you get an endowment mortgage, you pay only the interest on the amount borrowed. In addition to this, the endowment policy. This policy is supposed to grow and grow, and at the end of the mortgage term you use this money to pay off your capital.