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• The interest rate charge for borrowing the money for the mortgage. It is used to calculate the interest payment on the mortgage each month.

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  Cite Definition for mortgage interest

  American Psychological Association (APA)

  mortgage interest. (n.d.). Ginnie Mae Glossary of Terms. Retrieved March 24, 2023, from website: http://www.expertglossary.com/definition/mortgage-interest.

  Chicago Manual of Style (CMS)

  mortgage interest. ginniemae.gov. Ginnie Mae Glossary of Terms. Ginnie Mae. http://www.expertglossary.com/definition/mortgage-interest (accessed: March 24, 2023).

  Modern Language Association (MLA)

  "mortgage interest." Ginnie Mae Glossary of Terms. Ginnie Mae. 24 March. 2023 http://www.expertglossary.com/definition/mortgage-interest.

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