Sentences with phrase «accumulated loan principle»

So even if the home falls in value, or if you stay there long enough that the accumulated loan principle, interest and fees exceed what the home is worth, you or your heirs can never be required to repay more than what the home can sell for when you vacate it.

Not exact matches

Students are not required to pay the accumulating interest during these periods, but if you choose not to pay, it will be added to the principle amount of your loan.

The unpaid interest on the unpaid principle was accumulating, as loan sharks would put it, on a daily basis.