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  1. #1
    Allen165 is offline Key Member
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    Default pay off vs pay back

    Would you say there's a difference between paying off and paying back a mortgage?

    Thanks.

  2. #2
    bhaisahab's Avatar
    bhaisahab is online now Moderator
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    Default Re: pay off vs pay back

    Quote Originally Posted by Jasmin165 View Post
    Would you say there's a difference between paying off and paying back a mortgage?

    Thanks.
    I think that in normal use "paying off a mortgage" means clearing the debt completely and, "paying back..." means paying it by instalments.

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