First National Glossary
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Flat Interest Rate

Is calculated on the original amount of the mortgage for the whole term of the loan.
Glossary of Other Real Estate Terms in E-H:
  >   First Home Owner Grant (FHOG)
  >   Fixed Interest Rate
  >   Fixtures (or Fittings)
  >   Goods and Services Tax (GST)
  >   Easement
  >   Encroachment
  >   Encumbrance
  >   Equity
  >   Exclusions
  >   Flat Interest Rate
  >   Freehold
  >   Gazumping
  >   General Law Title
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