* The college savings quick check calculator
computes ending balances using client selected inputs for time horizon, savings amount, and investment return.
Not exact matches
We also
computed the portfolio
balance (in real dollars) at the
end of the 35 - year retirement period for successful scenarios.
Under the revised policy, if you're selling your home and you have a $ 150,000
balance left on your FHA loan, the lender will have to stop charging you interest on the date of the closing, not
compute the interest charges that would be due through the
end of the month and roll them into your bottom line.
Note that with a loan, there is a (potentially changing) outstanding loan
balance, that could be paid to
end the loan (to pay off the loan), and there is an agreed upon an interest rate that is
computed on the outstanding
balance — none of those apply to this situation; further with a loan there is no % of the property: though the property may be used to secure the loan, that isn't ownership.
To
compute this I simply took the year's
ending balance and grew it at 8 % and then added the next year's contributions to it.
(d) Other than under an open -
end credit plan, in any credit transaction where the finance charge is
computed on the unpaid
balance of the amount financed outstanding from time to time, for the actual time outstanding:
Since the institution does not limit the account
balance, it may assume any maximum amount for the purposes of
computing the annual percentage yield for the high
end of the third tier.
The interest and principal paid, the remaining
balance and the total interest paid by the
end of each month are
computed.