What is another word for paying back?

197 synonyms found


[ pˈe͡ɪɪŋ bˈak], [ pˈe‍ɪɪŋ bˈak], [ p_ˈeɪ_ɪ_ŋ b_ˈa_k]

Related words: best ways to pay back your mortgage, how to pay off your mortgage faster, what is the best way to pay back your mortgage, how to get rid of your mortgage, how to get a smaller mortgage, how will paying off my mortgage change my taxes

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    Synonyms for Paying back:

    How to use "Paying back" in context?

    When you borrow money from a lender, you are taking on a debt. That debt needs to be repaid with interest and repayments. There are three types of debt: mortgage, credit card, and student loan.


    The most common mortgage is a relatively short-term loan that borrowers take out to buy a home. The loan is divided into two parts: the principal and the interest. The interest is the loan's principal plus interest, which is paid every month. The amortization schedule sets out how long the principal will be paid back.

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