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Level pay
The financial definition for Level pay:
Scheduling principal and interest
payments (P&I) due under a mortgage
so that total monthly payment of P&I is the same. Different from the typical
mortgage for which the principal payment
component of the monthly payment becomes gradually greater while the monthly
interest component shrinks.
Similar MatchesConfidence levelConfidence level In risk analysis, the degree of assurance that a specified failure rate is not exceeded.
LevelLevel Used in the context of general equities. Price measure of an indication.
Level coupon bondLevel coupon bond Bond with a stream of coupon payments that remain the same throughout the life of the bond.
Further Suggestions Level debt service
Level load
Level term insurance
Resistance level
Support level
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