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Fully Amortized Adjustable-rate Mortgage

A mortgage that amortizes, or pays down, the balance of a loan.

Related Terms:

  1. Adjustable Rate Mortgage (ARM)
  2. Annual Percentage Rate (APR)
  3. Adjustable Rate Mortgage (ARM)
  4. Convertible Adjustable-rate Mortgage
  5. Fixed-rate Mortgage
Filed Under: F, Real Estate Terms

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