Sentences with phrase «evenly over all loans»

If no specific loan is requested, then the extra amount paid is split evenly over all loans.

If no specific loan is requested, then the extra amount paid is split evenly over all loans.

Not exact matches

It is a common belief that over the 60 months of such a loan that the borrower would pay down the loan principal evenly as the graph below shows.

Many lending covenants will keep companies to something like a 5 to 1 debt to earnings / EBITA ratio, so if the loan maturities are evenly spread out over 5 + years, it should be possible to become debt free by paying off the loans as they mature (by suspending dividends / capital reinvestment spending / deferring maintenance etc).

It is usually recommended that you start with a minimum of $ 5,000 and spread it out evenly over 200 loans.