Sentences with phrase «on the borrowed amount»

You will have to pay interest on the borrowed amount.

A fixed interest rate is only paid on the borrowed amount while the credit line has a selected fixed timeline of 12 to 60 months.

With other loans, you may be required to pay interest only on the borrowed amount; in these loans, your monthly payments will not reduce the principal amount of the loan.

In other words, a 0.25 % additional tax is imposed on the borrowed amount by the state, that you would not have owed if you paid all cash.

When you take out a second mortgage using your homes equity, you take the equity amount in one lump sum, and make monthly payments on the borrowed amount.

Most payday lenders charge 25 % to 30 % fee on the borrowed amount.

When credit card users fail to pay off their bill at the end of the month, the bank is allowed to charge interest on the borrowed amount.

With other loans, you may be required to pay interest only on the borrowed amount.

7.4 % represents a weighted average interest rate based on a borrow amount of $ 20,500 per year for the Stafford loan and remaining from Direct PLUS.

This however varies depending on the borrowed amount, term of the loan and initial LTV (loan - to - value ratio)

Ideally this option should be avoided as it will pile interest amount on your borrowed amount and in no time your borrowed money will start swelling.

While some benefit is to be got from getting funds from such a lender, the high - interest rates imposed on the borrowed amount serves to dampen the little relief that would have come from receiving the funds.

According to Million Dollar Journey the account would not serve the Smith Manoeuvre Strategy since the interest paid on the borrowed amount would not be tax deductible.

This forms the interest on the borrowed amount paid to the investor during the life of the loan

Interest is charged on the borrowed amount (calculated daily, charged monthly).

For credit cards, if you start making very small payments to clear off your accounts, you would be paying interest on the borrowed amount plus the interest that has been charged previously to your account.

BlueVine only charges interest on borrowed amounts, which is helpful for businesses that prefer to limit the use of credit.

Most lenders will charge loan fees on the short - term loans because the loan duration is too short for interests on the borrowed amount.

It includes paying down the principal amount you've borrowed, the interest on that borrowed amount and an estimate of what you might be expected to pay for other mandatory house related expenses including: