Mortgage broker apex nc types are meant to be for your benefit. Two major types of mortgages are available - repayment and interest-only mortgage broker apex nc. A repayment mortgage quote near me is the traditional, old-fashioned mortgage where the property is guaranteed and is yours only at the end of the loan term provided you repay the loan. The monthly payment on the mortgage broker apex nc compiles capital repayment and interest payments. Capital repayments repay the loan amount you have taken. Interest payments provide repayments for the interest on the loan. Every month you keep on paying a little of both the loan and the interest till the whole loan is repaid.