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P&i

• Are principal and income payments or principal and interest.

 
 Embedded terms in definition
 Income
Interest
Principal
 
 Referenced Terms
 Level pay: The characteristic of the scheduled principal and interest payments due under a mortgage such that total monthly payment of P&i is the same while characteristically the principal payment component of the monthly payment becomes gradually greater while the monthly interest payment becomes less.

<< Owner's equity P&l >>

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Character cannot be developed in ease and quiet. Only through experiences of trial and suffering can the soul be strengthened, vision cleared, ambition inspired and success achieved. Helen Adams Keller

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