Linear

With a linear mortgage, the monthly amount payable consists of part interest and part mortgage repayment. The amount of repayment is the same every month. Because that repayment reduces the debt, you start paying less and less interest. Your monthly expenses will decrease slightly each month as a result.

Compared to other mortgage types, the monthly amount is higher at the beginning of the term. However, your debt does decrease faster over time.

Which form is best for you depends on your situation, desires and expectations. Sometimes a combination of different mortgage types is the best solution. We will map out the various options for you and help you make the choice that suits you best.