Build-Operate-Transfer (BOT)
A financing model where a developer builds infrastructure, operates it for a set period, then transfers it to the government or owner.
by Sukhumalin July 11, 2025
Equity
The value of an owner’s interest in a property, calculated as property value minus debts.
by Sukhumalin July 11, 2025
Debt Service
The cash required to cover the repayment of interest and principal on a loan.
by Sukhumalin July 11, 2025
Loan Term
The length of time over which a loan is scheduled to be repaid.
by Sukhumalin July 11, 2025
Principal Balance
The outstanding amount of a loan excluding interest.
by Sukhumalin July 11, 2025
Adjustable-Rate Mortgage (ARM)
A mortgage with an interest rate that can change over time based on market conditions.
by Sukhumalin July 11, 2025
Fixed-Rate Mortgage
A mortgage with an interest rate that remains constant for the entire loan term.
by Sukhumalin July 11, 2025
Balloon Loan
A loan with regular payments and a large final payment due at the end of the term.
by Sukhumalin July 11, 2025
Interest Rate
The percentage charged on a loan, paid by the borrower to the lender.
by Sukhumalin July 11, 2025
Debt-to-Income Ratio
A measure comparing a borrower’s monthly debt payments to their income.
by Sukhumalin July 11, 2025
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