GPM has various meanings in the Finance category. Discover the full forms, definitions, and usage contexts of GPM in Finance.
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.
FinanceLast updated: