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.
Repayment Rules for Reverse Mortgages. Even though a reverse mortgage is a loan, youâre not required to repay it as long as youâre using the home as your primary residence. The only time that repayment in full is required is if you move out, sell the property or pass away leaving no surviving co-signer.