Glossary 

 

Our glossary defines frequently used mortgage terms. Click on one of the following letters of the alphabet to locate a specific term on this page.

Interest only mortgage

Interest Only mortgages are particularly attractive for those whose net worth is substantial and for clients who are certain of their ability to pay back the capital when required. For the duration of the loan, you will only be required to pay back the interest and the insurance premiums when applicable. The capital will be paid back in one lump sum at the end of the loan. With BNP Paribas International Buyers, you can always convert the interest rate of your mortgage into a fixed rate for the remaining term or convert your Interest Only mortgage into a repayment mortgage with a fixed rate for the remaining term.
 

BNP Paribas International Buyers is a business line of BNP Paribas Personal Finance.
BNP Paribas Personal Finance - Credit institution – Société Anonyme incorporated under French law with a share capital of 453 225 976 euros - 542 097 902 RCS Paris -
Head office: 1 bd Haussmann, 75009 PARIS Insurance Intermediary (N° ORIAS : 07 023 128) Insurer(s): Cardif Assurances