Sentences with phrase «payment of specific amount»

Also, the fact that the loan requires a monthly payment of specific amount, you can predict your cash flow accurately.

Not exact matches

Lenders give you access to a specific amount of credit (say, $ 100,000), but you don't make payments or get charged interest until you tap into the funds.
These additional metrics are intended to frame performance expectations for the year for the Named Executive Officers but not to assure or preclude payment of an incentive award or to be used in any fixed or specific mathematical formula related to the amount of the incentive award to be paid.
And as some of the advice in the article mentioned, when an employer asks your permission for a background check, it would probably be a good idea to disclose (not in any specific amounts) that you do have a high debt load but you also have a perfect payment history and that you expect to be able to continue this in the future.
You purchase the contract for a specific amount of money, either through a lump sum or periodic payments, and in exchange, the insurer agrees to pay you a set amount on a recurring basis.
The 401 (k) plans, unlike traditional pensions, do not guarantee a specific amount of benefit payments.
Unbelievable amount of EU - specific mobile payment information.
Whether you're seeking a particular length of loan, the lowest possible interest rate, or have budgeted for a particular payment amount, we can - in cooperation with our lender network - almost always meet your specific needs.
This outlines exactly what that customer will receive for a specific amount of payment.
If you don't have an approved payment plan, the Social Security Administration will start deducting a specific amount of money from your monthly benefits before you receive them.
Specific information about each account, such as the credit limit, date opened, and the loan amount, monthly payment, balance, and the pattern of payments during the past few years.
Since student loan payments don't fall into a specific purchase category, you're typically going to earn the least amount of cash back or points when you charge them to your card.
The payments you receive are determined by multiplying a payout percentage (fixed at the outset of your policy for specific ages) by the guaranteed benefit amount in your policy.
Portfolio slicer can calculate how many shares for specific symbol you had at the date of dividend payment and this way calculate dividend amount received.
Once you enroll in a debt management plan, you need to collect the following details: account number, amount of debt, net income, monthly living costs, names your creditors, proposed amount of repayment and a specific date when creditors can expect their payment.
Federal student loans allow a grace period, which is a specific amount of time after a borrower leaves school, graduates, or drops below half - time enrollment before he or she is required to begin making payments on the loan.
If you are set on purchasing or refinancing a specific car, but your LTV is too high to receive an approval, then your lender may ask you for a down payment that will reduce the amount of money you need to borrow, bringing down your LTV.
EXAMPLE of Buying a fourplex with an FHA loan 3.5 % down up to $ 1,200,000 on 4 units (depends on county and state limits); $ 1.2 M purchase price = 3.5 % down (or $ 42,000) ** Primary Residence Loan Amount of $ 1,158,000 w / MIP 30 Yr Fixed Rate of 3.25 % with Payments of $ 5,040 / month Rental Income per month = $ 4,500 on other 3 units Mortgage Payment per month = $ 5,040 Effective P + I = $ 540 IMPORTANT: For FHA 3 - 4 unit financing, there is a self - sufficiency test the property must pass for a specific loan aAmount of $ 1,158,000 w / MIP 30 Yr Fixed Rate of 3.25 % with Payments of $ 5,040 / month Rental Income per month = $ 4,500 on other 3 units Mortgage Payment per month = $ 5,040 Effective P + I = $ 540 IMPORTANT: For FHA 3 - 4 unit financing, there is a self - sufficiency test the property must pass for a specific loan amountamount.
They are comparable as you are lending money for specific amount of time and receiving a payment in return.
If your goal is to pay off your debt by a specific date you can enter the number of months you intend to pay on this credit debt and the calculator will display the monthly payment amount necessary to reach your goal.
Whether a lender requires homeowners to pay for private mortgage insurance (PMI), the specific type of loan and your interest rate will all affect how much you will need to borrow and the amount of down payment that you will need to pay before purchasing the home.
Your rate, payment or the amount of points you will need to purchase to receive a specific rate may vary from the example.
The Required Minimum Distribution method for calculating your Series of Substantially Equal Periodic Payments (under § 72 (t)(2)(A)(iv)-RRB- calculates the specific amount that you must withdraw from your IRA, 401k, or other retirement plan each year, based upon your account balance at the end of the previous year.
For a specific amount of time (5 years or less), you will need to make a monthly payment.
With Bank of Hope's Installment Savings, you can save up a goal amount easily by making fixed monthly payments for a specific time period.
Making a payment of any amount is usually legal, although of course the specific circumstances matter, and I'm not qualified to give legal advice.
When I contacted the customer service department, they informed me the payment amount had been applied throughout all of my loans instead of the specific one I had paid towards online.
A consumer is being issued with a certain amount of money for a specific purpose (purchase of equipment, the business expansion etc.) that he is obligated to pay back in regular monthly payments.
Depending on your specific loan, that payment may be interest only or it may be interest along with a small amount of principal.
This is because the terms of payment dictate a specific amount to be paid on a set date without fail.
Converting revolving credit card balances into a fully amortized loan with a specific number of payments at the same amount provides predictable payments.
Immediate fixed income annuities offer predictable payment for life, or for a specific amount of time.
Closed mortgages involve a strict repayment schedule of a specific amount with optional limited lump sum payments and payment increases.
To make that lump sum payment, the program asks that you set aside a specific amount of money every month in savings.
At the time a servicer provides the written notice pursuant to § 1024.41 (c)(2)(iii), if the servicer lacks information necessary to determine the amount of a specific payment due during the program or plan (for example, because the borrower's interest rate will change to an unknown rate based on an index or because an escrow account computation year as defined in § 1024.17 (b) will end and the borrower's escrow payment might change), the servicer complies with the requirement to disclose the specific payment terms and duration of a short - term payment forbearance program or short - term repayment plan if the disclosures are based on the best information reasonably available to the servicer at the time the notice is provided and the written notice identifies which payment amounts may change, states that such payment amounts are estimates, and states the general reason that such payment amounts might change.
Forbearance allows for payments to stop temporarily or decrease in amount for a specific length of time.
The snowball effect is the principle of devoting a specific amount of money every month to paying down your debts, while a debt snowflake is a one - time extra payment.
After loan amount, loan term, and payment method are selected, you will then be presented with a range of rates available for that specific purpose.
The amount and timing of the benefit payments vary with plan demographics (sex, age and income), physical roughness of the industry and the specific plan provisions (e.g., late retirement, early retirement, etc.).
In many mortgages, the payment amounts are fixed, initially calculated so that given a set amount of time, at a specific interest rate, the loan's principal amount can be paid off on schedule.
These promotional financing offers allow you to spread your payments for qualifying purchases over 6, 12, 18, 24, 30, 36 or 48 months, depending on the amount of the purchase and the specific promotional offer in effect at the time.
It also automatically calculates the total amount of client payments on any specific matter.
He further concluded that, as completion of the sale agreements approached in April 2005, and the directors came to appreciate that the club would have insufficient funds from the completion monies with which to make a substantial additional payment to E, all that had been agreed between them was the principle that he should receive a substantial payment as soon as the club was in a position to make it, out of monies flowing to the club from the claimant companies in connection with the project, but that no specific amount had been agreed, nor any requests made to the claimants that they should bear the burden, either in terms of cash flow or expense sharing.
Additionally, it offers flexibility in two important ways: the death benefit and premium payments.1 Once you determine the amount of coverage you desire, we can modify the death benefit and premium payments to fit your specific objectives.
Endowment Insurance Endowment insurance provides for the payment of the face amount to your beneficiary if death occurs within a specific period of time such as twenty years; or, if at the end of the specific period you are still alive, for the payment of the face amount to you.
The insurance policy will function just like a term life insurance policy because it will last a specific number of years and the whole premium payment will cover the death benefit amount.
To personalize the options even further you can then enter your specific financial situation (such as the amount of money you earn and expected down payment amount), as well as cities and neighborhoods you're interested in, your must - have home features and more.
Limited payment includes payment of premium for a specific amount of time say 3 to 5 years whereas Single payment refers to payment of a lump sum amount of money in one go.
Instead of having fixed premiums, you can choose to increase or decrease the amount of your premiums as long as a specific minimum premium payment gets made.
When you are out of cash, you can take the lump - sum amount from your annuity, but many retirees prefer to set up guaranteed payments after a specific period of time or for the rest of the life, providing a steady stream of income.
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