Browse by Category   Investing / Investments Real estate investing Stock investing Investment management Retirement investing Bonds / bond funds Mutual Funds   Personal Finance Business and finance Household finance Mortgage Finance dictionary Corporate finance Financial service Money management Estate planning Loans   Stock Market Investing Stock research Stock trading Stock options Stock trading Stock exchanges	InvestHub.com's Finance Dictionary and Glossary of Investment Terms Level pay   Definition 1. Scheduling principal and interest payments (P&I) due under a mortgage so that total monthly payment of P&I is the same. different from the typical mortgage for which the principal payment component of the monthly payment becomes gradually greater while the monthly interest component shrinks.
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