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payment cap |
Payment caps limit the change in monthly payments based on a maximum percentage change in payment. Typically used in negative amortizing loans. (see negative amortization) Would you like to add another definition for "payment cap" to the Real Estate Dictionary? Terms that closely resemble "payment_cap":payment cap - Payment caps limit the change in monthly payments based on a maximum perc...0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
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