Sentences with phrase «against the principal amount»

However, in most cases the amortization period changes because different borrowing terms, interest rates and payments against the principal amount at each renewal vary the length of time required to pay off the mortgage.

Not exact matches

The Company has recourse against the restricted stock issued along with the Notes and recourse of up to 80 % of the principal amount, and up to the full amount of accrued interest, against the individual's personal assets.

So we principals spend an inordinate amount of time on the phone with a few students parents, chasing the same runners down the hallway, supervising them in the office, holding them back from a tantrum, blocking them from leaving the building, ushering them away from conflicts, counseling them against their bad choices.

The HOME investment amount may be reduced pro rata based on the time the homeowner has owned and occupied the home measured against the required affordability period; except that the City's recapture provisions may not allow the homeowner to recover more than the amount of homeowner's down payment, principal payments, and any capital improvement investment.

You apply the ROC distributions against the principal, then take out a loan (amount equal to the ROC distribution used to pay down the principal) and invest in the same fund.

If you hold these securities to maturity, you will receive the greater of the inflation - adjusted principal or the amount of your original investment; this provides the benefit of keeping up with inflation while protecting against deflation.

Can I take benefit under 80C for the principal amount paid against home loan?

As of November 1, 2012, FDIC Insured Cash Balances are eligible for FDIC insurance up to $ 250,000 (including interest and principal) per individual depositor and up to $ 500,000 per joint depositors, subject to the limitation that such amounts are aggregated against all other similarly held deposits at Capital One, N.A. for purposes of calculating FDIC insurance limits.

The repayment of principal plus interest is measured in real terms compared against the buying power of the amount at the time it was borrowed, lent, deposited or invested.

Remember that any pre-payments go 100 % against your principal which means you'll be reducing the amount of interest you pay over the life of your mortgage.

So does that mean the second option does not pay the amount directly against the principal immediately?

(f) Except as otherwise provided in subsections (c) and (d), if a plan contemplates that creditors will settle an individual's debts for less than the principal amount of the debt, compensation for services in connection with settling a debt may not exceed, with respect to each debt, 30 percent of the excess of the principal amount of the debt over the amount paid the creditor pursuant to the plan, less, to the extent it has not been credited against an earlier settlement fee:

Further to clarify, I can show complete interest and principal amount paid by me against the loan when filing ITR even if I show 50 % of rented income?

Since a TIPS investor won't receive less than the original principal, the investor's original principal amount is protected against deflation as well.

Most people take out a principal and interest home loan, where you make regular payments against the principal (the amount borrowed) as well as paying interest.

In fact, if you do not repay principal even till maturity / death, LIC will automatically square off the outstanding loan amount against maturity / death benefit and pay the balance to you / your nominee.

However, Chuck Silverston, principal at Unlimited Sotheby's International Realty in Brookline, Mass., warns buyers against using that document to come up with an offer amount.

The entire amount of these payment increases is applied directly against your principal balance.

The buyer signs a promissory note and trust deed agreeing to pay the seller a certain amount each month to be applied against the principal, plus an agreed upon interest amount at a specified rate on the unpaid balance.

HUD's announcement effectively decreases the amount of equity that seniors are able to borrow against their homes due to a change in the Principal Limit Factor (PLF) tables.