Sentences with phrase «original outstanding principal»

The numerator of the calculation is the total original outstanding principal balance of FFEL and Direct Loans for borrowers who entered repayment in FYs 2007 and 2008 on loans that have never been in default and that are fully paid plus the total original outstanding principal balance of FFEL and Direct Loans for borrowers who entered repayment in FYs 2007 and 2008 on loans that have never been in default and, for the period between October 1, 2010 and September 30, 2011 (FY 2011), whose balance was lower by at least one dollar at the end of the period than at the beginning.

For the 2011 GE informational repayment rates, the denominator of the calculation is the total original outstanding principal balance of FFEL and Direct Loans for borrowers who entered repayment in FYs 2007 and 2008.

Not exact matches

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.

This is comprised of $ 10,000 in original principal but only $ 4,800 in interest, since at the end of the second year we only have $ 80,000 of original principal outstanding.

Since we start with only $ 90,000 outstanding (remembering that we already paid $ 10,000 of the original principal at the end of the first year), we only get 6 % on $ 90,000 or $ 5,400 in interest.

At the end of the 10th or last year of the term, we have an interest payment of only $ 600 since we ended the 9th year of the term with only $ 10,000 of original principal outstanding.

On your monthly student loan bill, you may see this referred to as «Original» and «Outstanding» Principal.

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.

Confirm the amount that is outstanding on the loan principal and review the loan documents, taking note of specific repayment terms as laid out in the original documents.

The debt must be secured by a principal residence and the total amount of the outstanding obligation may not exceed the original mortgage amount plus the cost of any improvements.

Commencing in 2001, FHA cancelled required MIP on loans when the outstanding principal balance reached 78 percent of the original principal balance.

The FHA recently announced it will raise annual insurance premiums for most new mortgages by one - tenth of a percentage point and most borrowers will be required to pay mortgage - insurance premiums throughout the life of a loan, rather than stopping payments when the outstanding principal balance reaches 78 percent of the original principal balance.