Sentences with phrase «in equal monthly payments»

Under this benefit, the insured has the flexibility to split the life cover amount for the nominee to receive as lumpsum and the remaining life cover will be paid in equal monthly payments for 10 years.

A Signature Loan is an unsecured loan that is repaid in equal monthly payments and can be used for any purpose.

Not exact matches

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

This means that the monthly payment will be equal to what you would pay if the loan had a 20 or 30 year term, but you will pay off the loan in five or 10 years instead.

They assume they can't afford the down payment needed to buy a house in California, even though their monthly payments might be equal to or lower than renting.

Along with homeowners insurance, property taxes can be paid in equal installments along with your monthly mortgage payment.

A Credibility Capital Term Loan is a fully amortizing loan in which the borrower makes fixed, equal monthly payments that are clearly spelled out so there is no confusion.

In other words, your gross monthly income multiplied by 0.31 equals the monthly mortgage payment you can afford, according to FHA guidelines.

Monthly tuition is derived from the total number of weeks in the school year and split into equal monthly paMonthly tuition is derived from the total number of weeks in the school year and split into equal monthly pamonthly payments.

This is refuted by the assistants, they are contracted for 32.5 hours are paid for 32.5 hours; as for holidays, they are paid term - time only, albeit in 12 equal monthly payments.

Fixed monthly payments are required equal to 2.50 % of the highest balance applicable to this promo purchase until paid in full.

Remaining tuition payments are paid in equal monthly installments.

The BlackBerry Q10 is expected to be available for consumers in June for $ 99.99 down with 24 equal monthly payments of $ 20 for well - qualified buyers for 0 % APR O.A.C. 1 The smartphone will be available in T - Mobile retail stores, via www.T-Mobile.com and through select dealers and national retail stores.

Fixed monthly payments are required equal to 2.50 % of the highest balance applicable to this promo purchase until paid in full.

No Monthly Interest for 25 Months and fixed monthly payments equal to 4.00 % of promo purchase amount - Until Paid iMonthly Interest for 25 Months and fixed monthly payments equal to 4.00 % of promo purchase amount - Until Paid imonthly payments equal to 4.00 % of promo purchase amount - Until Paid in Full6

§ Monthly payment shown is equal to the purchase price (excluding taxes and delivery) divided by the number of months in the promo period, rounded to the next highest whole dollar, and only applies to the selected financing option shown.

Despite being called annual MIP, you actually pay the premium in 12 equal installments included in your monthly mortgage payment.

For instance, you can get a loan designed to be paid monthly for the next 12 months in equal payments.

Beginning in 2014, student debtors can reduce their monthly payments to a figure equal to 10 percent of their existing discretionary income.

With a no faxing line of credit loan, repayment is made in installments meaning that you'll make equal monthly payments throughout the entire line of credit loan term.

The monthly payment must equal the rate in the agreement.

When ANY ONE, OR COMBINATION of unpaid collection accounts equal $ 2,000 or more, the lender now needs to factor in monthly payments of 5 percent (5 %) of the outstanding balance for the account into the debt - to - income ratio.

An example of a typical extension of credit is as follows: As of May 18, 2018 an amount financed of $ 400,000 at a term of 360 months with an annual percentage rate of 3.875 % would result in 360 equal monthly principal and interest payments of $ 1,880.95.

This means that the monthly payment will be equal to what you would pay if the loan had a 20 or 30 year term, but you will pay off the loan in five or 10 years instead.

If you make multiple, partial payments in a month and the total of those partial payments equals or exceeds the required full monthly payment amount, those payments will count as only one qualifying payment.

In theory, you could elect to have monthly payments sent to you that are equal or greater than the amount of the Social Security payments that you'd be receiving were you to apply for benefits right away.

Your two compensating factors might be savings in the bank equal to at least three total monthly mortgage payments and part - time or seasonal income that you've received for more than one year but less than two years.

In this situation, the business will repay a certain portion of the tax debt in equal monthly installment paymentIn this situation, the business will repay a certain portion of the tax debt in equal monthly installment paymentin equal monthly installment payments.

If the IRS allows your business to enter into an installment agreement, your business will be given a certain number of equal monthly payments to pay the tax debt in full.

The excess amount accumulated in the special account by the end of each year is equal to a full monthly payment.

Typically, the installment agreement requires equal monthly payments that will allow a tax debt to be paid in full within the period of time during which the IRS still can collect the debt.

You may be able to avoid this situation by making monthly payments toward the new, lower fixed - rate loan in an amount equal to or greater than what you previously paid toward your original loan.

In addition, FFEL and Direct Loan forbearances are mandatory in increments up to one year for periods that collectively do not exceed three years, if the amount of your monthly student loan payments collectively is equal to or greater than twenty percent of your total monthly incomIn addition, FFEL and Direct Loan forbearances are mandatory in increments up to one year for periods that collectively do not exceed three years, if the amount of your monthly student loan payments collectively is equal to or greater than twenty percent of your total monthly incomin increments up to one year for periods that collectively do not exceed three years, if the amount of your monthly student loan payments collectively is equal to or greater than twenty percent of your total monthly income.

It is important to keep in mind, however, that a lower monthly payments always equals a greater sum on the total amount a borrower will spend over the life of their loan.

Requires equal monthly payments that repay the loan (including the interest) in full over the specified term

If the cumulative outstanding balance of all collections of ALL borrowers is equal to or greater than $ 2000 the lender must include monthly payments in the borrower's debt to income ratio for accounts that will remain open after closing.

Recall that with SM, you take out an investment loan equal to the monthly mortgage principal payment and invest it in your taxable portfolio.

Similar to an equity loan, you can receive the loan amount in a single lump sum or in equal monthly installments paid to you from the creditor, which is why it is a reverse mortgage — you receive payments rather than make them each month.

Standard Payment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interesPayment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interespayment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interest rate.

Her student debt is unusually high and totals over $ 100,000 and her monthly payments are equal to what it costs to rent an apartment or pay a mortgage here in Maine.

The minimum monthly payment amount under the Standard Repayment Plan will be equal to the amount necessary to repay the loan in full by the end of the repayment term.

Tenure: fixed, equal monthly payments that will continue for as long as at least one borrower is living in the property as a main residence 2.

PAYE and REPAYE both require borrowers to make monthly payments equal to 10 percent of their adjusted gross income for 20 years: 240 payments in all.

In contrast, a PCP typically runs three years at lower monthly amounts, but requires a «balloon payment» (equal to the expected value of the car at three years of age) for anyone wanting to take full ownership.

The minimum payment to be made to the Bank every period shall be equal to 3 % of the unpaid balance indicated in the monthly statement or a minimum of $ 10, whichever amount is higher (or the amount of the new balance if it is lower than $ 10).

(b) With respect to the deferral of one or more wholly unpaid scheduled payments in a consumer credit transaction, in which the finance charge was determined by the precomputed method, the creditor may collect, by agreement with the debtor either before or after default, an additional charge for each full month that any wholly unpaid scheduled payments are outstanding after the due date of each scheduled payment equal to that proportion of the finance charge which the amount of the deferred monthly scheduled payment bears to the sum of all monthly balances originally scheduled.

For example, if your property's rental income is $ 2,000 each month and it costs you $ 500 in expenses along with a $ 1,200 monthly mortgage payment, then your DSCR would equal 1.25 ($ 2,000 — $ 500 / $ 1,200).

These are usually installment loans in which you make equal monthly payments until you pay the principal and interest in full.

Under a typical payment plan, borrowers either make equal monthly payments to retire their debt over a set period of time, typically 10 years, or they follow an escalating payment schedule in which the amount they owe gradually increases at a set rate over time.

In some markets — Southern California in particular — monthly rental payments and monthly mortgage payments are nearly equaIn some markets — Southern California in particular — monthly rental payments and monthly mortgage payments are nearly equain particular — monthly rental payments and monthly mortgage payments are nearly equal.