Sentences with phrase «payments over a set time period»

Where credit instruments provide set payments over a set time period, equity instruments typically provide a variable return based on the business» success.

Not exact matches

Under the general terms of an installment loan, you agree to pay back the loan in monthly payments — plus interest and fees — over a set period of time.

In addition, if you work as a federal employee or for a specific not - for - profit employer, such as a teachers, lawyers, or doctors, you may be eligible for student loan forgiveness after making consistent payments over a set period of time.

Note that if you've made on - time payments over a set period, such as two years, some issuers may switch you to an unsecured card.

Under the general terms of an installment loan, you agree to pay back the loan in monthly payments — plus interest and fees — over a set period of time.

Most mortgage loans are set up to be paid out over a long period of time, such as 30 years, and the interest payments result in paying a whole lot more than the actual purchase price of a property.

That is right, you can take out a Reverse Mortgage loan that requires no monthly payments, but still make payments on the loan in order to lower the balance for the future or pay it off over a set period of time.

When you take out a loan, your lender will calculate the payment that you will need to make each month to pay off your loan over a set period of time.

Term loans are monetary loans that are usually disbursed in one lump sum and repaid in regular payments over a set period of time.

Under the terms of your customized consumer proposal, you will make set payments over a period of time up to five years.

During the distribution phase of the contract, an fixed annuity can be converted into a series of income payments for your entire lifetime, over a set time period — or one lump - sum payment.

An installment loan has frequently scheduled payments that are repaid over a set period of time.

During the distribution phase of the contract, a fixed annuity can be converted into a series of income payments for your entire lifetime, over a set time period — or one lump - sum payment.

Repay the loan over a specific period of time, with set monthly payments.

During the distribution phase of the contract, a variable annuity can be converted into a series of income payments for your entire lifetime, over a set time period — or one lump - sum payment.

Credit cards are the easiest way to get started rebuilding your past and then buying the occasional item, provided it is a necessity and at low cost on hire purchase, where you make monthly payments over a set period of time and don't miss any payments.

Fixed - rate loans provide a single, lump - sum payment to the borrower, which is repaid over a set period of time at an agreed - upon interest rate.

Essentially, when investors buy a municipal bond, they loan money to the bond's issuer in exchange for a specified number of interest payments over a set period of time.

Mortgage: A loan that allows you to purchase a home in return for monthly payments over a set period of time that pays back the loan with interest.

Under a typical payment plan, borrowers either make equal monthly payments to retire their debt over a set period of time, typically 10 years, or they follow an escalating payment schedule in which the amount they owe gradually increases at a set rate over time.

In a Chapter 13 bankruptcy filing, court - ordered payments are setup to payoff some of your creditors over a set period of time.

The idea of this type of bond is to loan money to the issuer in exchange for the receipt of a set number of interest payments that will be made over a predetermined period of time.

Usually these swaps are an agreement between to parties to exchange one stream of interest payments for another over a set period of time.

A term loan is money borrowed that is repaid in regular payments over a set period of time.

The loan is amortized over a much longer time period such as 15 or 30 years (i.e., payments are set so that the entire loan would be paid off after 15 or 30 years of equal monthly payments), and after 5 years, there is a balloon payment due that must be paid off or refinanced, which if not paid would result in a default and foreclosure of the loan.

The loan is amortized over a much longer time period such as 15 or 30 years (i.e., payments are set so that the entire loan would be paid off after 15 or 30 years of equal monthly payments) at a fixed or limited interest rate, and after 5 years, the loan automatically converts to a variable interest rate loan or limitations on the amount by which an already variable interest rate loan can vary are lifted.

To refresh, an amortization schedule is used to break down monthly payments of principal and interest over a set time period, commonly 20, 25 or 30 years.