It is a help when tracing your family history to know something about the origin of and evolution of Irish names and particularly how names have changed over the centuries.
Repayment mortgage. With repayment mortgages you pay the interest and part of the capital off every month. At the end of the term, typically 25 years, you should manage to have paid it all off and own your home.
The differences between a second mortgage and a home equity line of credit are in how the lender gives you your money, how you pay it back, and the cost of borrowing. How Does a Second Mortgage Work? A traditional second mortgage is a home equity loan in which you receive one lump sum of cash at the time the loan originates, just like your first mortgage.