Those expenses which remain the same regardless of circumstances.
Fixed installment
Monthly home loan payments.
Fixed payment mortgage
A loan secured by real estate, which features a periodic payment of interest, and principal, which is constant over the term of the loan. All fixed payment mortgages are fixed rate mortgages, but some fixed rate mortgages may have variable payments, such as a graduated payment mortgage.
Fixed price contract
A contract with a set price for the work.
Fixed rate mortgage
Loan with an interest rate that remains at a specific rate for the entire loan. Approximately 75 per cent of home mortgages are this type.
Fixed skylight
Skylight that does not open.
Fixed window
Window that does not open and is used only for ornamentation or light.
Fixer-upper
House that needs repair and remodeling and sells at a below market price. Fixing-up Expenses Expenses incurred to enhance the appearance and condition of real estate to prepare it for sale.
Fixture
(1) Property that is permanently attached to a house, such as built-in bookcases, and whose removal would cause a loss of value or damage. (2) Sinks, toilets, tubs. Plumbing fixtures. Electrical devices connected to electrical current.
Fixture branch
Pipe that carries wastes from non-toilet plumbing fixtures directly to the building drain. It is also called a waste pipe, wet vent, or fixture drain.
