Sentences with phrase «called tenure payment»

Fifteen or twenty years down the road, when homeowners are more likely to have depleted their savings, they can convert the HECM credit line into a so - called tenure payment.

Not exact matches

Most importantly, DBS Womn's World Card has a 0 % interest payment plan called «My Preferred Payment Plan», which allows cardholders to slowly pay for their purchase in instalments over 3, 6 or 12 months long payment plan called «My Preferred Payment Plan», which allows cardholders to slowly pay for their purchase in instalments over 3, 6 or 12 months long Payment Plan», which allows cardholders to slowly pay for their purchase in instalments over 3, 6 or 12 months long tenure.

Each insurance policy is offered for a specific tenure at a cost called the premium, which varies depending on the frequency of payment.