Glossary entry (derived from question below)
English term or phrase:
Mortgage offset
French translation:
compensation hypothécaire
English term
Mortgage offset
Sentence : The HSBC Direct Offset Mortgage does exactly that – rewards the high balance in your HSBC Direct Online Savings Account by lowering your interest payments and shortening your mortgage term. Every month, your interest payment will be calculated on the outstanding principle minus the balance you hold in Savings. You only pay interest on the difference! The higher your Online Savings balance, the faster you payoff your mortgage and lower your overall interest payment.
Merci pour votre aide... j'avais pensé à "hypothèque compensée" mais je ne suis pas certaine
4 | compensation hypothécaire | swanda |
4 | hypothèque compensatoire | gabuss |
Mar 19, 2008 09:53: swanda Created KOG entry
PRO (1): Stéphanie Soudais
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