Sentences with phrase «percentage of your loan amount»

PMI fees are generally expressed as a percentage of the loan amount.

You'll also have to pay the equivalent of an origination fee, which is a percentage of your loan amount usually around 4 % or 5 %.

A discount point is a percentage of your loan amount paid upfront in cash that reduces your rate.

It may be several months of interest (six is common) or a certain percentage of the loan amount (often this starts out at three percent the first year, two percent the second year, and so on).

Origination fees may be charged as a flat fee (e.g., $ 350) or a percentage of the loan amount.

The rate is usually expressed as a percentage of the loan amount.

If you pay your loan off early due to refinancing or moving, you may be subject to a prepayment penalty — typically some percentage of the loan amount or six months of interest.

Some loan companies will also help build your savings, specifically through installment loans, by depositing a set percentage of your loan amount into an account if paid off in full and on time.

Mortgage brokers make money by charging a percentage of the loan amount, generally around one - half percent to 2 percent.

Besides the interest, you may need to pay a loan fee which is a percentage of your loan amount.

Interest A percentage of the loan amount that is charged periodically to the student until full payment is received.

The funding fee amount is reflected as a percentage of the loan amount.

This amount is calculated as a percentage of the loan amount, then added to your loan amount.

Loan origination fees — Fees charged by the lender for processing a loan; often expressed as a percentage of the loan amount.

An interest rate is the cost of borrowing money, expressed as a percentage of the loan amount.

Lenders may charge an origination fee as a percentage of the loan amount, such as 1 percent, or a flat fee.

Each personal loan comes with a fixed origination fee, so if you get a smaller loan, the origination fee works out to be a larger percentage of the loan amount.

The loan fee is a percentage of the loan amount (currently 4.264 %) and is proportionately deducted from each loan disbursement.

The origination fee is a percentage of the loan amount and is proportionately deducted from each loan disbursement.

The fee is a percentage of the loan amount and is proportionately deducted from each loan disbursement.

The loan origination fee is a percentage of the loan amount and is deducted from each disbursement made to the school.

Origination fees may be charged as a flat fee (e.g., $ 350) or a percentage of the loan amount.

The fee is usually computed as a percentage of the loan amount, and is normally 1 % of the loan amount.

It is either expressed as a dollar amount or as a percentage of the loan amount.

The Small Business Administration (SBA)-- which guarantees a percentage of the loan amount to banks rather funding directly — is particularly helpful for expansion loan options.

The interest rate is the percentage of the loan amount that is charged for borrowing money.

The total yearly cost of a mortgage stated as a percentage of the loan amount: includes the base interest rate, primary mortgage insurance, and loan origination fee (points)

With brokers, you should ask how they are compensated (it's usually a percentage of the loan amount, anywhere from 1 % to 2.5 %) and whether they are paid by the borrower or the lender.

The price to be paid for a loan is generally expressed as a percentage of the loan amount.

A discount point is a percentage of the loan amount you will pay to buy your interest rate lower.

The fee is a percentage of the loan amount.

It is usually a percentage of the loan amount and can sometimes be paid by the buyer or seller.

Points: A fee, expressed as a percentage of the loan amount.

Lender Credits are often calculated as a percentage of the loan amount, and can appear on your Loan Estimate or Closing Disclosure as a «negative percentage» or «negative points».

The cost of a loan to the borrower, expressed as a percentage of the loan amount and paid over a specific period of time.

The fees are based on a percentage of the loan amount.

The interest rate is the percentage of the loan amount that is charged for borrowing.

Origination fees: Charges to a borrower, stated as a percentage of the loan amount, for costs and fees associated with issuing the loan.

The student loan interest rate is the fee that the lender charges you for taking out the loan, and it's a percentage of the loan amount that you have to pay back on top of the principal amount.

The amount may be predetermined, such as a percentage of a loan amount being negotiated or the value of real estate being purchased, or it may be based on the amount of a bond issue.

And require liquidity of either a percentage of the loan amount (such as 10 %) or several month's of PITI.

The fees are the issue with too small of a loan; since points are a percentage of loan amount, smaller loans produce less revenue - yet the time involved is the same (or close enough to not matter much).

Also, advise buyers to ask about points, which are upfront fees based on a percentage of the loan amount.

It's based on a percentage of the loan amount compared to the borrower's loan to value (LTV), loan size, and length of the loan.

An interest rate is a percentage of the loan amount and is the «price» paid by the borrower for the loan.

Origination Fee — a percentage of the loan amount charged by the bank or broker for completing the loan process.

The fee is typically set up as a percentage of the loan amount (i.e. a 1 point origination fee is equal to 1 % of the loan amount).

Everything financed in your mortgage loan package (interest, loan fees, points or other charges) expressed as a percentage of the loan amount (usually slightly above the actual interest rate alone).

If you have to defend to HUD the payment you receive, it helps if the amount paid is a flat fee rather than a percentage of the loan amount.

Origination fees are charged by the lender or Broker and are expressed as a percentage of the loan amount.