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.
How a Reverse Mortgage Works. With a reverse mortgage, you can receive the money â tax-free â as a lump sum, in monthly checks, or as a line of credit. You donât have to make payments on the loan, but the reverse mortgage must be paid off (principal and interest) when you die or sell the home.