Sentences with phrase «accelerated payment option»

Tell us what works for you — monthly, semi-monthly, weekly or bi-weekly — and accelerated payment options may be available.

Accelerated payment options are another great tool to reduce mortgage debt.

Not exact matches

This includes $ 4 million in severance pay, the accelerated vesting of 5.1 million unvested stock units (worth about $ 15 million) plus options to buy more, as well as a cash payments of either $ 1 million or the cash bonus he would have been entitled to in 2015, whichever is less.

(l) Except as otherwise set forth in Schedule 2.7 (l) of the Disclosure Schedule, (i) the Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result of any of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time of payment or vesting, or increase the amount, of any benefit or other compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the Company to record additional compensation expense on its income statements with respect to any outstanding Stock Option or other equity - based award.

Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.

An accelerated bi-weekly payment option is calculated by taking a monthly payment schedule, assuming only four weeks in a month, and dividing your monthly payment by two.

The easiest of the pay - it - off - faster options is the accelerated payment plan.

This option costs money in fees and interest lost due to the accelerated payment.

You can accelerate your payments in a 30 - year mortgage plan and have the option to lower your payment in the future in case your financial capacity changes.

David: «I would also expect that they would have shortened their amortization period from 25 to 21 years simply by adopting an «accelerated bi-weekly» payment option,...»

I would also expect that they would have shortened their amortization period from 25 to 21 years simply by adopting an «accelerated bi-weekly» payment option, and would be considering further reductions of their principal through additional privilige payments.

When you select an accelerated weekly or bi-weekly payment option, you are essentially making the equivalent of one additional monthly payment each year which will help pay off your mortgage faster.

The three most common prepayment options are: adjust the frequency at which the payments are made (weekly, semi-monthly, bi-weekly, monthly and accelerated), increase the monthly payment amount (there is a maximum monthly percentage) and lump sum (or balloon, also a maximum percentage of the original mortgage balance) payment.

Going with one of the latter two options is preferable because it will accelerate your payments by an additional two weeks every year.

All of those deals lacked options to accelerate or decelerate payment, so it was a question of modeling the cash flows and applying an appropriate yield spread over the Treasury or Swap yield curve.

The pricing service models would look at all of the most recent trades that had happened in the bond market, and use all of the prices to estimate yields that were adjusted for the options inherent in the bonds that could accelerate or decelerate payments.

For extra payment on your mortgage, accelerated payments is among the easiest options.

If 20 or 25 years is an option, why not go with that AND accelerated payments.

Although the 30 - year option does give you greater flexibility, as you mentioned, you are paying a steep price for it if you donâ $ ™ t accelerate your payments, and the interest rate is nearly a third of a point higher.

When you first set up your mortgage, you can choose from several payment options, including monthly, semi-monthly, bi-weekly, weekly, accelerated bi-weekly and accelerated weekly payments.

An additional difference between our CDS and the typical market standard CDS is that there is no acceleration of the payment to be made under our insured credit default swap contract unless the Company elects to accelerate at its option.

An additional difference between our CDS and the typical market standard CDS is that there is no acceleration of the payment to be made under our insured credit default swap contract unless we elect to accelerate at our option.

For example, prepayment options offer the ability to make large lump sums or accelerate payments in order to pay the mortgage off early and save on total interest paid.

This calculator was designed specifically for Canadian mortgages (and uses some different terminology), but the Home Mortgage Calculator above can also handle the semi-annual compounding for Canadian mortgages and has a more advanced method for choosing accelerated bi-weekly payment options.

The easy - to - use tools include several analytical calculators to provide personalized calculations and analysis of your net worth, budget, expenses, mortgage payment options, buy versus lease, life insurance requirement, investment goals, tax - advantaged investments, loan interest payments, debt consolidation, accelerated debt payoff, savings plan, child education costs, retirement planning, retirement income needs, RRSP contributions, and RRIF payments.

One option is to make accelerated or lump sum payments.

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Provides an option to accelerate a portion of the available death benefit and receive a payment (s) if the insured is diagnosed with a covered illness, which may include critical, chronic, and terminal illnesses.

Accelerated Death Benefit - Provides an option to accelerate a portion of the eligible death benefit and receive a payment if the insured is diagnosed with a covered illness, which may include critical, chronic, and terminal illnesses (physician documentation is required).

This is a single premium payment plan offering you various investment options that helps you accelerate your wealth creation goals

A flexible mortgage with prepayment options and accelerated payments helps shorten the amortization, meaning your client can be mortgage - free sooner and save thousands of dollars in interest over the life of their mortgage.