Sentences with phrase «on portion»

Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes.

That means that homeowners do not pay interest on the portion they have not tapped.

With QLACs, retirees would not be required to pay RMDs on a portion of their savings if they bought a longevity annuity.

Interest and Other Loan Costs: The following are the maximum interest rates that a motor vehicle title lender is permitted to charge you PER MONTH on the principal amount of your loan that remains outstanding: (i) 22 % per month on the portion of the outstanding balance up to and including $ 700; (ii) 18 % per month on the portion of the outstanding balance between $ 700.01 and $ 1,400; and (iii) 15 % per month on the portion of the outstanding balance of $ 1,400.01 and higher.

The line of credit grows over time5 and interest only accrues on the portion that is withdrawn.

Of course, this plan gives up the tax deductions you earn on the portion you pay towards mortgage interest on a primary home, making it less efficient compared to a true 15 - year mortgage.

Essentially, it will put you in the position of paying interest on a portion of your home's value again.

The Promotional Interest is calculated on the portion of the Eligible Registered Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance») to a maximum of $ 500,000

With Republicans reluctant to raise tax rates on any portion of the population, and Democrats insisting on revenue increases to address the deficit, the mortgage interest deduction has found itself center stage during the fiscal cliff negotiations.

Often you have a deductible on the collision and comprehensive part of your coverage by increasing this deductible you will reduce the premium on that portion of your policy thereby reducing your premium.

Any amount that is converted to a Roth IRA will have to pay taxes on a portion of the converted amount.

Don't forget to take into account the rules that require many people to pay tax on a portion of the social security distributions they receive in retirement.

Some other bits of pricing information you might consider, though they're unlikely to sway your account one way or the other: Wealthfront offers NerdWallet readers free management of the first $ 5,000 invested — a savings of $ 12.50 a year that, while small, makes it slightly less expensive than Betterment overall — and Betterment waives management fees on the portion of an account balance that tops $ 2 million.

The convenience of accessing cash when desired, while only getting charged interest on the portion used is very attractive to some homeowners.

Some may charge a set fee based on a portion of the total amount borrowed and ask that you pay off the full amount in a couple of weeks or months.

If you don't have a non-direct recognition loan, they'll pay you a different dividend on that portion of your cash value that you borrowed against.

The obvious disadvantage of All America Bank's Money Market product is the $ 50K cap on the portion of your deposit that can earn 1.75 %.

The reason for the extra interest charges on the 60 - month loan in this example is that you accrue interest charges on the portion of the loan balance you still owe.

Under the changes, homebuyers must now put at least 10 per cent down on the portion of a home that costs more than $ 500,000.

I will refund 100 % of your fee on the portion of your subscription that you have not used.

The amount of the reduced exclusion depends on the portion of the two - year period the home was owned and used.

If qualifications are met for Kasasa Saver, balances up to $ 15,000 receive 1.00 % APY; and balance over $ 15,000 earn 0.30 % APY on the portion of the balances over $ 15,000, resulting in a range from 0.30 % to 1.00 % APY depending on the account's balance.

Interest accrues on the portion of the reverse mortgage you have used and is added to the total loan balance.

If qualifications are met for Kasasa Cash, balances up to $ 25,000 receive 2.01 % APY; and balance over $ 25,000 earn 0.30 % APY on the portion of the balances over $ 25,000, resulting in a range from 0.30 % to 2.01 % APY depending on the account's balance.

I think it's hard to argue with a guaranteed ~ 5 % savings on the portion that could be deducted, but to save 70k per child you'll be contributing far more than $ 2,500 per year.

The RRSP lets you defer paying taxes on a portion of your yearly income (the amount you contribute to your RRSP) and give you a tax rebate in the year you make the contribution.

Understand that although, for instance, 13.99 % may be your base interest rate, if the account has become delinquent, or you made any cash advances or balance transfers, higher or lower interest rates may be charged on a portion of the balance or the entire balance, depending on what's going on with your account; a balance transfer may get 0 % interest for a year, then 19.99 % interest after that if not paid off.

This means the investor will owe tax in his or her home state on the portion of earnings that comes from other states» bonds.

Their wording and punctuation etc., cut - and - pasted: «The Promotional Interest is calculated on the portion of the Eligible Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance») to a maximum of $ 500,000 in Additional Balances across all of an account holder's Eligible Savings Accounts.»

The Promotional Interest is calculated on the portion of the Eligible Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance»)

It represents ownership in a company and a claim on a portion of profits, or dividends.

The Promotional Interest is calculated on the portion of the Eligible Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017... From Simplii current regular 1 % interest rate: Interest is calculated on the daily closing balance... So, that additional 2 % interest will be calculated on the average daily closing balance during the whole Offer Period.

If you and the other account card holder can come to an agreement about who's responsible for which portion of the debt, the creditor may allow you to settle only on the part that you're liable for and let the cosigner continue payments on their portion.

Here's the key sentence: «The Promotional Interest is calculated on the portion of the Eligible Savings Account's AVERAGE DAILY CLOSING BALANCE DURING THE OFFER PERIOD that exceeds the closing balance as at October 31, 2017».

The Promotional Interest is calculated on the portion of the Eligible Registered Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance») to a maximum of $ 500,000 in Additional Balances across all of an account holder's Eligible Registered Savings Accounts.

And if you pay at least the minimum amount within 10 days of receiving your bill, you get a 1.5 % discount on that portion of your balance.

Contributions are not tax deductible; when payments are received, the annuitant is taxed only on the portion representing earnings.

The credit default swap synthetically transfers credit risk on the portion of the $ 6 billion reference portfolio from GSCM to the ISSUER with respect to credit events.»

On an ongoing and consistent basis, FAV writes (sells) U.S. exchange - traded covered call options on a portion of FAV's managed equity assets.

Will I have to pay taxes on the portion of my loan (s) my current lender (s) forgive or «write off»?

However, you only pay capital gains tax on a portion of your profit.

So, you'll defer tax on this portion of your earnings.

Even if you make payment to VA voluntarily and directly, the Department of the Treasury will still go on with the offset on a portion of your payments for Social Security.

If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $ 25 ($ 5 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $ 7,000 receive APY of 2.25 %; and (3) balances over $ 7,000 earn 0.05 % APY on portion of balance over $ 7,000, resulting in a range of 2.25 % to 0.19 % APY on an assumed balance of $ 100,000.

It will put a value on this portion of the business.

Otherwise, you'll have to report a capital gain based on the portion of the house that was rented.

An Interest Charge will be imposed on the portion of purchases included in the New Balance that remains unpaid by your payment due date.»

An Interest Charge will be imposed on a portion of purchases including the New Balance that remains unpaid by your payment due date.

However, you only pay the tax on a portion of your profit.

Tier examples - Tier 1 - balances up to $ 20,000 receive APY of 1.25 %; and Tier 2 - balances over $ 20,000 earn 0.35 % dividend rate on portion of balance over $ 20,000, resulting in 0.50 % -1.25 % APY depending on the balance.