Home · RATIOXA GLOSSARY
Mortgage
Long-term secured loan used to finance property.
Simple definition
Long-term secured loan used to finance property.
Why it matters
This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.
Worked example
A €400,000 purchase less €100,000 own funds gives €300,000 loan need before costs.