Sentences with phrase «payments of a fixed dollar amount»

An individual could implement the 4 % rule within a TSP account by using the withdrawal choice called substantially equal monthly payments of a fixed dollar amount.

Not exact matches

The minimum payment on your credit card is usually either a percentage of the current balance (2 % - 5 %) or a minimum fixed dollar amount (like $ 15.00), whichever is greater.

Amortization: If a loan is amortized, it means that there is a fixed repayment schedule with each payment being the same dollar amount over the life of the loan.

HELs, like a traditional installment loan, are made in a set dollar amount with fixed payments over the life of the loan.