Sentences with phrase «life cap»
living a fulfilling and abundantly blessed life capped off by paradise for eternity I guess.
religion.blogs.cnn.com
And the only life Cap would be fine with trading would be his own.
Mario, able to buy new outfits and toss his now - living cap onto enemies and objects to temporarily steal their form, quickly ditches his familiar overalls to dress as a clown, businessman, or much, much else.
New York Life caps its simplified issue term life coverage at $ 150,000.
[As of April, the National Investment Center for the Seniors Housing & Care Industry put mean independent living cap rates at 7.6 %, assisted living at 8.8 % and skilled - care facilities at 12.8 %.]
The life cap is typically quoted as an interest rate; i.e. a «five percent life cap» which means the life cap is five percent over the initial interest rate.
In this example, if the interest rates calculated according to both formulas ever exceed 13.50 %, Bill and Sue will be given an interest rate of 13.50 % — the life cap of their loan.
Life cap: The life cap of the loan is the maximum interest rate that can ever be charged on the loan, regardless of how high the value of the index rises.
How does the life cap come into play?
For example, the rate that began at 4 % may have a life cap of 10 %, or a maximum increase of 6 %.
They do always have a floor cap, payment cap and life cap, which helps give homeowners some security.
The 3 characteristics of the mortgage include: frequency of the interest rate change, periodic change in interest rate, and the total change over the life of the loan, which is sometimes called the «life cap».
For example, a 5/1 ARM has payments fixed for the initial 5 years then recalculated every year thereafter for the remainder of the loan term or until the life cap has been reached.
Yakuza 6: The Song of Life caps the story of series protagonist (and grandmaster of intimidation) Kazuma Kiryu.
Some ARMs, although they may have a life cap, allow the interest rate to fluctuate freely, but require a certain minimum payment which can change once a year.