[ groh-ing-ek-wi-tee ]
/ ˈgroʊ ɪŋˈɛk wɪ ti /
a type of mortgage under which the interest rate is fixed but monthly payments increase annually to include more of the principal, so that the mortgage can be paid off in about half the conventional term.
What Does 💗 Growing Heart Emoji Mean?The growing heart emoji, , shows a pink or red heart surrounded by the outlines of several slightly lighter-colored hearts of increasing size, which suggests that the heart is expanding.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019