Sentences with phrase «of additional interest payable»

While the 2 % increase in the interest rate on a R500 000 home loan only results in R670 increase in the monthly repayment, it adds a staggering R161 158 of additional interest payable over the 20 year period.

Not exact matches

The special annual interest rate of 3.0 % is a combination of the regular annual interest rate set by Simplii Financial payable on an Eligible Savings Account and Eligible Registered Savings Accounts balance («Regular Interest»), plus promotional interest («Promotional Interest») that is calculated for the Offer Period on the Additional Balance as defineinterest rate of 3.0 % is a combination of the regular annual interest rate set by Simplii Financial payable on an Eligible Savings Account and Eligible Registered Savings Accounts balance («Regular Interest»), plus promotional interest («Promotional Interest») that is calculated for the Offer Period on the Additional Balance as defineinterest rate set by Simplii Financial payable on an Eligible Savings Account and Eligible Registered Savings Accounts balance («Regular Interest»), plus promotional interest («Promotional Interest») that is calculated for the Offer Period on the Additional Balance as defineInterest»), plus promotional interest («Promotional Interest») that is calculated for the Offer Period on the Additional Balance as defineinterest («Promotional Interest») that is calculated for the Offer Period on the Additional Balance as defineInterest») that is calculated for the Offer Period on the Additional Balance as defined below.

Interest, time - price differential, and any amount payable under an add - on or discount system of additional charge

Keep in mind that for the duration of the loan period, there will be interest rates attached to the overall loan — as well as additional fees when you do not meet your monthly payables.

• Receive Cash — Generally payable annually in the form of a check on the anniversary date of the policy • Use Towards Premiums — Instead of taking the dividends as cash, you can apply the money towards your policy premiums • Let Dividends Accumulate — Means that you accumulate your dividends as interest and can withdraw anytime but will be required to pay taxes on any interest accrued • Buy Paid - Up Options — Means that you can use the dividends to buy additional life insurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a sepaadditional life insurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a sepaAdditional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a separate rider

If, instead of paying off a higher interest rate, this additional R600 a month is paid into the bond as an extra monthly payment on a lower interest rate loan, it makes an enormous difference to the interest payable and the term of the loan.