What is REQUIRED CASH?

The amount of money that the motgagee must pay to close the mortgage.

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Related Legal Terms
CASH-OUT REFINANCE, NET CASH FLOW CHANGE IN CASH, REQUIRED RATE OF RETURN, CASH FLOW, CASH ON HAND, TARGET CASH BALANCE, CASH, FREE CASH FLOW TO EQUITY (FCFE), CASH CAPABILITY, CASH AND CASH EQUIVALENTS


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