Naturally, it is
a function of the loan amount, the interest rate, the total added cost, and the terms.
Not exact matches
Wells Fargo's business
loan and FastFlex small business
loans function similar to those
of Funding Circle — repayment terms span 1 to 5 years with rates starting at 6.75 % for
amounts up to $ 100,000.
Your monthly mortgage payment is a
function of three things: the
amount of money you've borrowed, your mortgage interest rate, and your
loan term.
Your monthly mortgage payment is a
function of three things: the
amount of money you've borrowed, your mortgage interest rate, and your
loan term.
Maximum VA
loan amounts are a
function of a borrower's entitlement
amount, which is found on the borrower's Certificate
of Eligibility.
Unlike a home equity
loan, a HELOC
functions much like a credit card with a minimum payment each month — or more, if you want to pay down the principal on the debt — with interest expense for the
amount you've borrowed, not on the entire
amount of the credit line.
As for the second part
of the clause, the sole
function of the words «to the extent
of the
amount of the outstanding
loan (together with accrued interest payable thereon to the Funder by the Assured) due at the date
of avoidance, repudiation or denial aforesaid» was to define the extent
of indemnity by reference to the terms contained in the
loan agreement accepted by the bank, whether or not that agreement was enforceable by the bank against the borrower.
The
Loan Amount is a function of LTV and a minimum Debt Service Coverage Ratio (DSCR) of 1.2 x. DSCR is calculated by taking portfolio net income (not including interest expense) and dividing by your loan's interest expe
Loan Amount is a
function of LTV and a minimum Debt Service Coverage Ratio (DSCR)
of 1.2 x. DSCR is calculated by taking portfolio net income (not including interest expense) and dividing by your
loan's interest expe
loan's interest expense.