Annual Mortgage Constant

Business, Legal & Accounting Glossary

Definition: Annual Mortgage Constant

Annual Mortgage Constant

Full Definition of Annual Mortgage Constant

A ratio between the annual amount of debt servicing to the total value of a loan. This is only applicable to mortgages that pay a fixed rate of interest. This constant may also be used to calculate the highest loan value that can be received on a property, given the income that is generated by that property – regardless of whether it is a residential or a commercial property.

Cite Term

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Page URL
Modern Language Association (MLA):
Annual Mortgage Constant. Payroll & Accounting Heaven Ltd.
December 07, 2021
Chicago Manual of Style (CMS):
Annual Mortgage Constant. Payroll & Accounting Heaven Ltd. (accessed: December 07, 2021).
American Psychological Association (APA):
Annual Mortgage Constant. Retrieved December 07, 2021
, from website:

Definition Sources

Definitions for Annual Mortgage Constant are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.