Sentences with «interest on the amount someone borrow»
For example, if the line of credit is $ 50,000, the borrower can use $ 30,000 and just pay interest on the amount borrowed. (rocketlawyer.com)
First, you'll lose any investment gains or compounding interest on the amount borrowed, which you can never make up. (mercurynews.com)
Unfortunately, with this option you not only have to pay the estate taxes, but you or your survivors will be forced to pay interest on the amount borrowed to pay estate taxes. (ufcu.pfyfn.com)