Add-on Interest at Real Estate Glossary

What is it? The interest a borrower pays on the principal for the duration of the loan.

Real Estate Definition Added By: Ella

Send To Friends!

If you'd like to send the Add-on Interest definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Add-on Interest. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Exclusive-Agency-Buyer-Agency-Agreement is Similar to the exclusive buyer agency agreement, this is an exclusive contract between the buyer and the agent. However, this agreement limits the brokers right to payment. The broker is entitled to payment only if he or she locates the property the buye

Real Estate Term Pocket door is A sliding door that retreats into the wall when opened.

Real Estate Term Floating wall is Walls built to withstand movement in the basement floor.

Real Estate Term Correspondent is A mortgage banker. (See mortgage banker)

Real Estate Term Discharge is The release of any waste into the environment from a point source. Usually refers to the release of a liquid waste into a body of water through an outlet such as a pipe, but also refers to air emissions.