Sentences with phrase «actual amount of the loan»

That means that the mortgage charge will be registered for the actual amount of the loan.

* The actual amount of loan that a customer qualifies for may vary based on credit determination and state law.

If creditors want to look at your ability to pay the actual amount of a loan on time, they will look to more short term things like credit card payments, or they will look at your overall income.

A standard mortgage is registered for the actual amount of the loan, while a collateral mortgage allows a home to be used as security for more than one loan.

Not exact matches

By presenting the cost as a total payback amount, lenders would be disguising the actual price of the loan.

Actual rates will vary based on how creditworthy you are, the length of the loan, the loan amount, and the lender.

Private Education Loans, also known as Alternative Education Loans, help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its programs.

Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, credit usage and history.

While there was much fanfare last month after the ECB loaned 523 banks 489 billion euros, the actual amount of new funds was a more modest number.

Customer further acknowledges their personal responsibility for the negative equity on their trade - in (calculated as the difference between the actual cash value of the trade - in and the amount owed on the loan).

* The amount cancelled could be limited if the amount of the loan or lease exceeds a certain percentage of the actual value of the covered vehicle.

Insurance typically pays the vehicle's actual cash value rather than the amount remaining on your loan or lease, which could leave a financial «gap» of thousands of dollars.

While most lenders advertise payday loans up to $ 2,500, the actual amount of funding you may get is strictly tied to your income.

These fees are based on the loan amount and the repayment term, with the actual fee being assessed on the guaranteed portion of the loan.

While the monthly payment of a loan may seem to fit in your budget, you should always calculate the total amount in interest that you will pay to determine the actual cost of taking out the loan.

Actual rates will vary based on how creditworthy you are, the length of the loan, the loan amount, and the lender.

The interest rate will stay the same over the life of the loan, but the actual amount of interest to be paid will decrease as the principal decreases.

This is not driven by the amount of student loans you take out, but rather is driven by the actual cost of your tuition.

Private Education Loans - Private loans may help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its progLoans - Private loans may help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its progloans may help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its programs.

When you apply the $ 846.43 payment to an actual loan amount of $ 178,200, your APR is 3.9579 percent — considerably lower than 4.25 percent.

Therefore, using the fee structure above and assuming your child is awarded a $ 5,500 Stafford loan after June 30th, 2010, the actual amount available for your use would be somewhere in the neighborhood of $ 5,445.00.

Your actual interest rate will depend on your creditworthiness, length of the loan, loan amount, and the lender.

Private Education Loans, also known as Alternative Education Loans, help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its programs.

The new mortgage loan amount can not exceed the actual documented amount of the borrower's initial investment in the purchase of the property plus all closing costs, subject to maximum LTV restrictions.

Principal is the actual amount of money you borrow on a loan; you also pay a lender interest, determined by your interest rate, for the opportunity to borrow the lender's money.

They also have limits on some of those closing costs: the fee for credit reports must be the actual cost; so too with legal fees; inspection fees are limited to $ 200 and the loan origination fee can be a maximum of 1 % of the loan amount.

Your actual APR depends upon a variety of factors such as: current and past income, savings and debts, employment background, education, loan amount, loan term, credit usage and history.

The actual amount of the origination fee is closely tied to your loan grade, which is largely (but not entirely) determined by your credit profile.

With a ten year loan you got to be six years, seven years into the loan before the actual amount you owe is lower than the value of the car.

Paying less interest will mean that you pay your loans off faster because more of your payment amount is going toward actual principle owed.

There are no actual loan limits for a VA home loan, but most VA lenders limit the amount that can be borrowed to $ 417,000 and no more than 100 % of the VA - established reasonable value of the property (determined by the appraiser hired by the VA).

I will need to do the math based on the real figures we use — the actual amount of money we want to borrow and the actual interest rate for 15 - year loans.

Your actual rates and payments may differ from the estimates provided by this calculator as a result of selecting / qualifying for a different product type, loan / line amount, term (if applicable), and rate; your actual credit score; and our pricing and underwriting policies and procedures.

The truth that the actual APR for that two benefits arrange for 6 month loans are precisely in procession, but the amount paid back and also the specific APR billed place as the quantity of the loan in various to a significant level.

The loan - to - value ratio compares the loan amount to the actual value of the house.

The new loan can not be more than the actual documented amount of the borrower's initial investment when they bought the property, plus the financing of closing costs, preapid fees, and points (subject to the ltv, cltv, hcltv ratios).

The amount of an ASSIST loan can not exceed the amount of your actual closing costs and required down payment related to the first mortgage.

Therefore, holders of private loans are often held accountable to much higher payments, both regarding interest and the actual loan amount per month.

Some lenders have maximum loan amounts cap your annual and total borrowing amounts, regardless of your actual costs.

This means that not only will your monthly payment be more affordable, but the actual amount of money you pay over the lifetime of the loan can be lower than if you'd borrowed the same amount of money using an unsecured loan.

When you take out a mortgage loan, you agree to pay back the principal amount (actual loan money) in addition to interest over a specified period of time.

And for student loans, lenders now use the actual minimum monthly payment amount to calculate debt - to - income rather than 1 percent of the full balance.

Normally, the value of the collateral will be discounted to match the loan - to - value ratio of the loan, and the discounted collateral will be equal to at least the actual dollar amount of the loan.

Any display of APR, loan amounts, interest or other loan details are estimations only, and actual amounts will vary by lender or lending partner and by borrower.

It is because whenever I would pay the full amount of the loan off, they would still charge interest on the loan for the day until the actual payment was received.

The actual number of payments required for your loan will be based on your loan amount and your pay schedule.

On home loans, most people look at the deductible amount of their interest, but they neglect to look at the fact that they can deduct a good chunk of that anyway via the standard deduction — their actual extra deduction due to their house is often much smaller than they might think.

Equity is the difference between the amount of your original loan and the actual value of the home; if you sell or refinance your home after entering the HOPE program, under the terms of HOPE you are required to share any equity with the FHA.

Regardless of the actual education debt amount, negative feelings about education debt increase as the percentage of gross monthly income spent on education loan payments increases.»

a payment equal to 1 % of the outstanding student loan balance (even if this amount is lower than the actual fully amortizing payment), or