What is a mortgage term?

A mortgage term is the length of your mortgage. It shows you how long you will make monthly payments until your mortgage has been paid off.

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Written by Alison
Updated over a week ago

What is it?

A mortgage term is the length of your mortgage. It shows you how long you will make monthly payments until your mortgage has been paid off.

At Gen H we only offer capital repayment mortgages. This means your repayments will be made up of capital (the money borrowed) and interest. The amount of capital and interest you pay back may change over your mortgage term.

What is Gen H's mortgage term?

Our minimum mortgage term is 5 years, and our maximum term is 40 years.

Your Mortgage Advisor would discuss the most suitable option for you during a mortgage advice call.

Can I see what my monthly payments may look like before I decide?

Yes, you certainly can. You can do this on our monthly payment calculator.

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