The main thing you should keep in mind, is your ability to repay the
full amount of the loan on your next payday, without leaving yourself short again.
After the initial drawing period is complete, you can repay the entire
principal amount of the loan using the monthly payment method or in the form of a balloon payment.
Homeowners who obtain a fixed - rate reverse mortgage get the entire
amount of the loan at settlement, with no restrictions on its use.
However, the cosigner should be aware that he or she will be liable for the full
amount of the loans if the applicant is unable to pay.
If buying used isn't possible because you can't finance the
entire amount of the loan with the negative equity included, then leasing might be a good solution.
The face value of a loan refers to the principal of the loan, which is the original
amount of the loan as detailed in the loan contract.
These plans can either be at little or no cost to taxpayers or, through loan cancellation, can cost taxpayers as much as the full
amount of the loan with interest.
However, students and prospective students should have a complete picture of program outcomes, including information about the total
amount of loan debt incurred by a typical student who completed the program.
Higher amounts of loan limits are available when the average price of a house is 115 % higher than the baseline price.
The minimum and the maximum
amount of loan vary from bank to bank and also the repaying capacity of the borrower.
You can also reduce the
face amount of a loan or surrender a certain amount of cash value to avoid incurring tax liability from a policy's lapse.
Finally, you receive the entire
amount of your loan when you get an Income Tax Advance, because the fees and interest are taken out later in the repayment process.
The amount of debt, not including interest, left on a loan; the total
amount of a loan before any payments are made.
In such a situation, consider asking for a
lower amount of loan which will have higher chances of approval.
They could see more upward pressure given the fact that banks will be forced to maintain an increased amount of capital for a
given amount of loans.
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.
** Zero or no closing costs refers to the possibility that closing costs of the loan may be rolled into
final amount of the loan and not paid in cash at closing.
You can potentially save hundreds or even thousands of dollars depending on the length and
amount of your loan so this is especially important.
Add to the existing principal amount balance any
additional amount of loan required, this amount can be applied for as a Top up.
Unlike the short term loans, the total cost of your loan is spread over several years and the amount of each installment is significantly lower for the
same amount of loan.
Phrases with «amount of one's loan»