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. The Term is the shorter, specific period (e.g., 5 years) for which your profit rate is fixed.
Manzil offers amortizations up to 25 years. [cite_start]What is the difference between an amortization period and a term?
In this article:
