Sentences with phrase «of outstanding principals»

Minimum monthly payment during the draw period, 1 / 240th of the outstanding principal balance or $ 40.00, whichever is greater plus finance charges and late charges, if any.

Up to 12 months of PITI can be included in the partial claim to bring your loan current, and / or up to 30 percent of outstanding principal balance may be deferred (this means that no interest is charged on this part of the balance and repayment is not required until the home is sold).

In conclusion, a homeowner should plan on paying an average of three to six percent of the outstanding principal in refinancing costs, plus any penalties for prepayment and the costs of paying off any existing second mortgages.

Interest is usually calculated as a percentage of the outstanding principal balance of the loan.

The bank is asking me to pay.58 % of the outstanding principal amount and 14.5 % vat on the switching amount switch amount = 2650000 * 0.58 % = 15373 vat 15373 * 14.5 % = 2229.

If a loan has been paid off or consolidated, the borrower will see $ 0 listed under the amount of the outstanding principal.

With Kansas settlement programs, you eliminate part of the outstanding principal balance on your accounts.

For example, if your mortgage loan has an interest rate of 4 %, then your annual payment is 4 % of the outstanding principal.

It is a federal student loan forgiveness program, designed for eligible teachers teaching in elementary and secondary schools to forgive all or a portion of the outstanding principal and interest on federal Stafford loans, or on consolidated loans that hold federal Stafford loans.

The rate for the mortgage insurance is.35 % of the outstanding principal balance and the current guarantee fee is 1 % of loan amount.

If the terms of your agreement allow you to pay off any portion early (e.g. many «fixed» mortgage agreements allow for a payment of 20 % of the outstanding principal, on top of regular monthly payments), you could obtain a second mortgage for as much as you can pay off, and use it to pay down the first.

In conclusion, a homeowner should plan on paying an average of 3 to 6 percent of the outstanding principal in refinancing costs, plus any prepayment penalties and the costs of paying off any second mortgages that may exist.

For those who are considering refinancing, one of the biggest concerns are the fees associated with the process, which can rise to up to 6 percent of outstanding principal with other lenders.

The Army pays eligible members 33 1/3 % of their outstanding principal balance.

They will take the total of these outstanding principal balances and divide it by the value of your home.

At the maturity of a fixed income investment such as a bond, the borrower is required to repay the full amount of the outstanding principal plus any applicable interest to the lender.

In reality the Prosper service charge is slightly less than 1 % of the outstanding principal at any one time because they annualize the fee.

Investors pay an annual loan servicing fee, currently 1 % of the outstanding principal, subtracted from loan payments received.

The loan servicer will calculate 2 % of the outstanding principal balance as of the graduation date and apply that amount as a principal reduction to your loan.

Even as you are building some asset strength via the retirement of the outstanding principal balance (starting at about 1 percent in the first year and expanding slowly over time) your fixed costs may be well above this, especially in the early years of the loan.

Another is to set up a public - private partnership between the federal government and banks that would refinance existing loans at more affordable rates and even forgive some of the outstanding principal.

SIFMA's model is based on the Constant Prepayment Rate (CPR), which annualizes the Single Monthly Mortality (SMM), or the amount of outstanding principal that is prepaid in a month.

A decimal value reflecting the proportion of the outstanding principal balance of a mortgage security, which changes over time, in relation to its original principal value.

An option available on certain home equity lines of credit allowing borrowers to fix the payments and interest rate on a portion of their outstanding principal balance for a specific term.

The minimum monthly payment is the greater of $ 25.00 or 2.5 % of the outstanding principal balance of the credit line plus accrued interest and other fees and charges billed to the account during the monthly billing period.

HDFC Ltd. will speak to their partnered life insurance company (most likely HDFC Life) and give you a home loan insurance, i.e. a life insurance policy that will cover your loan to the extent of the outstanding principal as on date, i.e. Rs. 45 lakhs.

But at 20 years, a note buyer might be willing to pay 75 cents for every dollar of outstanding principal.

In conclusion, a homeowner should plan on paying an average of 3 to 6 percent of the outstanding principal in refinancing costs, plus any prepayment penalties and the costs of paying off any second mortgages that may exist.

Under an obscure statutory change buried in a federal highway bill that passed Congress in the summer of 2015, your lender must now disclose more information to the IRS about your loan, including the amount of the outstanding principal balance at the beginning of the year, the origination date of your mortgage and the address of the home securing the loan.

Not exact matches

For federal student loans, regulations stipulate any extra payment goes first to outstanding fees (like late fees), then to interest accrued since your last payment, and then to the principal of the loan, said Betsy Mayotte, director of consumer outreach and compliance for American Student Assistance, a nonprofit focused on higher education financing.

Annualized GAAP interest expense based upon $ 348 million in principal currently outstanding and LIBOR plus 175 basis points is $ 14.5 million and includes $ 3.1 million of debt issuance cost.

There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

Expediting student loan repayment starts with finding realistic methods to pay more toward the principal balance of the outstanding loans.

As of March 31, 2014, we had a total of $ 654.4 million of principal and accrued interest outstanding under the Related - Party Notes.

On November 27, 2013, we refinanced the $ 835,000 then outstanding principal of the Credit Facility.

These mortgage loans have an outstanding unpaid principal balance of approximately $ 1.8 trillion as of September 30, 2009... While Freddie Mac continues to evaluate the impacts of adoption, the company expects that the adoption could have a significant negative impact on its net worth.»

PMI protects lenders against the risk that the value of the home will fall below the outstanding principal balance on the mortgage, leaving the borrower «underwater» on the loan.

So the borrower might have to repay the entire outstanding principal in a shorter period of time, resulting in much higher payments.

Simon Property Group Inc says its unit to redeem all $ 1.25 billion in aggregate principal amount of its outstanding 5.65 % notes due 2020.

Private label MBS outstanding have essentially tracked the growth of non-prime mortgages outstanding (Graph 3) indicating securitisation has been the principal funding strategy for non-prime lenders.

The repayments would be divided between the interest (i.e. the interest on the outstanding loan amount) and the principal repayment (i.e. the remaining amount of the periodic payment that is used to reduce the outstanding loan amount).

The value of housing loan approvals and movements in housing credit outstanding track one another closely (Graph C1), although the value of approvals is typically at least double the dollar value of the movement in credit, due to repayments of principal and drawdowns of existing facilities.

Under the ICR plan, outstanding interest is capitalized annually, but the amount of interest that is capitalized can never exceed 10 % of the original principal balance of your loan at the time that it entered the ICR plan.

The increases in new loan approvals recorded through most of 1997 did not lead to an increased rate of growth in loans outstanding, because principal repayments were increasing at the same time.

I especially want to thank Principal, Brother Robert Wickman, and President Mark DeMarco for their outstanding vision, leadership and unparalleled stewardship of De La Salle High School.

In 2006, Dromm was chosen as «Outstanding Teacher of the Year» by his school's principal and in 2009, he was chosen as «Educator of the Year» by the Kiwanis Club of Sunnyside.

That is, he laid a bundle of cash on the NYPD's principal labor union, the Patrolmen's Benevolent Association, settling the city's last major outstanding labor contract.

He has made outstanding contributions to heliophysics as the principal investigator on the Interstellar Boundary Explorer (IBEX) instrument that first discovered the «ribbon» of neutral atom emission from the Sun's interaction with the interstellar medium.

Attracting outstanding research talent to Ireland is one of the principal ambitions of SFI.