Sentences with phrase «face value of the loan»

By buying a bond, you're giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date, and to pay you periodic interest payments along the way, usually twice a year.

Usually stated as a percentage of the face value of the loan (points).

In some cases, the face value of a loan is not necessarily the amount of money you receive when you sign a loan contract.

Generally, you get an amount that is equal to or less than the face value of the loan.

The face value of a loan refers to the amount of principal that a borrower has to repay the lender, which is also the amount of money that the interest payment calculation is based upon.

Origination Fee The fee charged by a lender to prepare loan documents, make credit checks, inspect and sometimes appraise a property; usually computed as a percentage of the face value of the loan.

So if you want to find the monthly payment of a loan, enter the face value of the loan as a positive in the present value field.

If they were worried about the face value of the loan, they would have also done a credit check.

When getting a payday loan, a person can borrow as much as $ 300 but actually receives less than 15 percent of the face value of the loan, which is the lender's fee.

Not exact matches

When Johnson finally declared bankruptcy early this year, her two outstanding loans had face values of $ 3,510 and $ 2,970.

As Financial Times columnist Martin Wolf noted on Wednesday, Sept. 24, the problem is that the face value of mortgage loans and a raft of other bad loans far exceeds current market prices or prices that are likely to be realized this year, next year or the year after that.

As with the EMBI +, the EMBI Global includes U.S. dollar - denominated Brady bonds, loans, and Eurobonds with an outstanding face value of at least $ 500 million.

Moreover, these leverage levels took the assessment of rating agencies and credit default swaps («insurance» against loan and other defaults) at their face value.

Concurrently with the restructuring discussions, one of the Project's bank lenders, UniCredit, sold its loan to a fund of Texas Pacific Group (TPG) / Citibank at approximately 30.75 % of its face value.

The National Collegiate Student Loan Trust 2007 - 3; holds private student loan debt with a face value of 1.4 trillion dollLoan Trust 2007 - 3; holds private student loan debt with a face value of 1.4 trillion dollloan debt with a face value of 1.4 trillion dollars.

FHA home loan programs offer homeowners facing challenges of lost home value and credit problems a chance to refinance their home loans.

If you borrow $ 10,000 at 12 percent for one year, you would receive the full face value of $ 10,000 at the start of the loan, and pay $ 1,200 in interest.

With a $ 10,000 installment loan, your loan contract will state a face value of $ 11,200, but you will only get $ 10,000 after the signing.

This is the face value, or initial amount or principal of the loan.

Online and nonbank mortgage lenders may have taken the lion's share of the mortgage market, but the value of face - to - face interaction with a local loan officer is still difficult to replace.

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.

present value: $ 200,000 (the face amount of the loan is entered as a positive since you are receiving the loan proceeds at the outset)

In fact, National Collegiate Student Loan Trust 2007 - 3 holds private student loan debt with a face value of $ 1,464,000,Loan Trust 2007 - 3 holds private student loan debt with a face value of $ 1,464,000,loan debt with a face value of $ 1,464,000,000.

Earlier this month, The Chronicle reported an undisclosed private equity fund bought the $ 40.8 million note on 250 Montgomery St., about half of its face value, after owner Lincoln Property Co. fell into default on the loan.

The AFR is useful for tax concepts such as Original Issue Discount (when issuers sell low - interest or no - interest bonds or loans at less than face value, attempting to recharacterize interest income as return of principal), various grantor trusts (e.g. GRATs), and so forth.

Collateral assignment secures a loan in case of the borrower's death, using the face value of the policy (rather than accrued equity, as is the case with whole life insurance).

At face value a payday loan may seem like a great idea to help you out of a jam, but this... Read More»

Disadvantages: If you decide not to repay the loan, it will drop the face and cash value of your life insurance policy.

In return for the loan of your funds, the issuer agrees to pay you interest and ultimately to return the face value (principal) when the bond matures or is called, at a specified date in the future known as the «maturity date» or «call date.»

If there are any loans against the life policy, then these amounts will reduce the face value of the death benefit when the insured passes away.

Even conventional borrowers with ARM and hybrid mortgages could face a crunch, especially those who stretched their finances to buy a home, those who took advantage of loose lending standards by taking out big loans without showing documented proof they could afford it, and those whose home values have plummeted below the mortgage amount.

When you borrow any portion of the cash value from your Whole Life policy, the outstanding loan will reduce the face value (or death benefit) until the withdrawn funds are repaid with interest.

If the purpose of the insurance is to pay off a business loan in the event of the untimely death of the principal, or to provide for any other temporary need, a 20 or 30 year term would be very low cost for high face value policies.

By the end of the term (which is equivalent to the loan period, i.e. 30 years), the face value will reach zero and he will not be entitled to get anything back.

The face value of a policy decreases as the loan is paid off until both equal zero.

With credit life insurance, the face value of the policy corresponds to the value of the loan it's designed to pay off.

These loans do accumulate interest and if left unpaid until you die, the outstanding balance will be deducted from the face value of your policy.

For example, if you borrowed against your policy with a face value of $ 200,000 for an emergency expense and the loan and interest total is $ 40,000 when you die, then the beneficiaries of your policy would receive $ 160,000.

Collateral assignment secures a loan in case of the borrower's death, using the face value of the policy (rather than accrued equity, as is the case with whole life insurance).

This is the face value of the life insurance policy that is to be paid out to your beneficaries in the event of your death and the total amount paid out (less any loans against the policy) is usually in a nontaxable lump sum payment.

If you choose to pay off the loan, your death benefit will be reinstated as the initial face value of the policy (plus the entire cash - value amount earned while owning the policy, if you have requested that option).

Any outstanding loans against the cash value at the time of the policy holder's death are deducted from the face value of the policy.

If the loan is not repaid before a claim results in a payout, your beneficiaries may not receive the full face value of the policy.

In this case, you may have requested a loan based upon the face value of the policy rather than the accumulating cash value.

A policy loan reduces the cash value of the policy and also the face amount.

When a claim is filed and a payout is processed, the insurance company will pay you the face value of your death benefit minus the outstanding balance of your loan.

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.

In exchange for a series of premium payments or a single premium payment, upon the death of an insured person, the face value (and any additional coverage attached to a policy) minus outstanding policy loans and interest, is paid to the beneficiary of the life insurance policy.

NOTE: A loan is taken against the cash value of a policy, not the face value (death benefit).

In exchange for a series of premium payments or a single premium payment, upon the death of an insured person the face value (and any additonal coverage attached to the policy), minus outstanding policy loans and interest, is paid to the beneficiary.