The phrase "payment calculation" refers to the process of determining or figuring out the amount of money that needs to be paid or the monthly installment that needs to be made. Full definition
Compared to the monthly payment calculation for a regular mortgage, the main difference in calculating a condo payment is the addition of monthly dues charged by your condo association. (valuepenguin.com)
The credit card minimum payment calculation results in a rolling amount — 1 % of the revolving balance, plus fees and interest for the month, or approximately 2 %. (growingfamilybenefits.com)
Homeowners insurance is one of those new expenses that first - time homebuyers have to factor into their monthly mortgage payment calculations. (veteransunited.com)