prêt à mensualités progressives
- Domaine
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- finance emprunt et prêt
- Dernière mise à jour
Termes privilégiés :
- prêt à mensualités progressives n. m.
- prêt à paiement progressif n. m.
- prêt hypothécaire à paiements progressifs n. m.
- PHPP
Traductions
-
anglais
Auteur : Office québécois de la langue française,Définition
A form of creative financing involving a scheduled increase in monthly payments over an initial period between five and ten years.
Note :
The payments then level out, often at a variable rate of interest. The purpose of this loan is often to enable a buyer to qualify when income is below the required level for a more traditional form of mortgage loan.
Termes :
- graduated amortization mortgage
- graduated payment mortgage
- GPM