This is an important distinction: The Amortization Period is the total length of time it will take to pay off your home financing, which can be up to 25 years[cite: 262]. [cite_start]The Term is the shorter, specific period (e.g., 5 years) for which your profit rate is fixed[cite: 263].
Manzil offers amortizations up to 25 years. [cite_start]What is the difference between an amortization period and a term?
In this article:
