GPM in Finance Meaning
The GPM meaning in Finance terms is "Graduated Payment Mortgage". There are 1 related meanings of the GPM Finance abbreviation.
GPM on Finance Full Forms
- Graduated Payment Mortgage A fixed-rate, fixed-schedule loan. It starts with lower payments than a level payment loan; payments rise annually, with the entire increase being used to reduce the outstanding balance. The increase in payments may enable the borrower to pay off a 30-year loan in 15 to 20 years, or less.
Frequently Asked Questions (FAQ)
What does GPM stand for Finance?
GPM stands for Graduated Payment Mortgage in Finance terms.
What is the shortened form of Graduated Payment Mortgage in Finance?
The short form of "Graduated Payment Mortgage" is GPM for Finance.
Citation
GPM in Finance. Acronym24.com. (2022, February 20). Retrieved December 23, 2024 from https://acronym24.com/gpm-meaning-in-finance/
Last updated