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.
An Endowment Mortgage is a type of interest-only loan. With a repayment mortgage (also known as a capital and interest loan) each monthly payment includes part of the capital the original amount you borrowed as well as the interest owed for that period.This ensures everything is paid off at the end of the mortgage term.With an interest-only mortgage, you are repaying just the interest and need some other way of clearing the remaining debt. thatâs where the endowment part of this package comes in.his ensures everything is paid off at the end of the mortgage term. With an interest-only mortgage, you are repaying just the interest and need some other way of clearing the remaining debt. thatâs where the endowment part of this package comes in.