Payment Cap
What is it? A legal limit on the amount a monthly payment can increase on an adjustable-rate mortgage.Added By: Lily
The Payment Cap definition has been viewed 53 Time(s)!
Send To Friends!
If you'd like to send the Payment Cap 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 Payment Cap. If you need any more information on this term, please don't hesitate to contact us.