Sentences with phrase «periodic payment schedule»

Although many traditional term loans at the bank require a monthly periodic payment, some banks are requiring a more frequent periodic payment schedule.

Either a weekly, or monthly, periodic payment schedule is common.

Although many traditional term loans at the bank require a monthly periodic payment, some banks are requiring a more frequent periodic payment schedule.

Not exact matches

If your lender requires a more frequent periodic payment, it's important to make sure your business has the appropriate cash flow to accommodate the payment schedule.

5) A repayment schedule that consolidates more than two periodic payments that are to be paid in advance from the proceeds of the loan.

Generally, personal loans offer flexible payment terms and come with a fixed payment schedule, interest rate, and periodic payment amount.

It creates an amortization schedule and allows you to either set up periodic extra payments, or manually enter prepayments in the payment schedule.

Remember, you'll have penalties going back to when you first began to receive periodic payments from your traditional IRA if you alter your payment schedule before satisfying the time requirement.

With this feature, you or your beneficiary will continue to receive scheduled periodic payments until the cumulative payments equal your net investment — even if you die beforehand.

The advent of daily and weekly periodic payments is a departure from a more traditional monthly payment schedule; nevertheless, many lenders (including online lenders) have adopted a more - frequent - than - monthly payment schedule.

In all other consumer credit transactions according to the rule of 78ths or sum of the digits method, meaning the amount of the refund or credit shall be as great a proportion of the finance charge originally contracted for as the sum of the periodic time balances of the debt scheduled to follow the date of prepayment bears to the sum of all the periodic time balances of the debt, both sums to be determined according to the scheduled payments originally contracted for.

With respect to consumer credit transactions, where the debt is payable in installments, not made pursuant to an open - end credit plan and in which the original amount financed is one thousand dollars ($ 1,000) or less, the debt shall be scheduled to be payable in substantially equal installments at equal periodic intervals, except to the extent that the schedule of payments is adjusted to the seasonal or irregular income of the debtor or when the transaction is a single principal payment obligation irrespective of the scheduled interest payments, and:

You can set up periodic extra payments, or add additional payments manually within the Payment Schedule.

It's similar to the amortization schedule where it's the same periodic payment for the longer of 5 years or 59 1/2.

The Home Loan Amortization Schedule is the table / record which details all periodic payments on your loan and this is generated through an amortization calculator.

An Amortization table is primarily used to schedule periodic payments on a loan, most typically a mortgage.

Payment shock is the risk that a loan's scheduled future periodic payments may increase substantially.

Auto Pay means periodic scheduled payments automatically deducted from your BMO Harris checking account, as applicable, to pay the loan and may not be available for FHA loans.

• Suggested implementation of the direct debit system, which decreased time taken to write manual checks by 90 % • Timely converted the entire paper payroll system into electronic well within the deadline of 6 months • Kept track of due date schedule for payments and made payments through appropriate methods including wire transfers and corporate checks • Posted payments to the system and ensured that they match invoices correctly • Participated in auditing work and reconciled payroll accounts on a periodic basis • Handled filing and record keeping activities by ensuring that all payroll information placed in appropriate folders

State chapters of the American Academy of Pediatrics, working with state Early Periodic Screening, Diagnosis, and Treatment (EPSDT) and maternal and child health programs, can increase awareness of the need for perinatal depression screening in the obstetric and pediatric periodicity of care schedules and ensure payment.

If scheduled variations in regular periodic payment amounts occur that are not caused by changes to the interest rate during the loan term, the creditor shall disclose that the loan product has a «Step Payment» fpayment amounts occur that are not caused by changes to the interest rate during the loan term, the creditor shall disclose that the loan product has a «Step Payment» fPayment» feature.

(i) The total principal, interest, mortgage insurance, and loan costs scheduled to be paid through the end of the 60th month after the due date of the first periodic payment, expressed as a dollar amount, along with the statement «Total you will have paid in principal, interest, mortgage insurance, and loan costs»; and

The definition of a «balloon payment» under § 1026.37 (b)(5) includes the payments under transactions that require only one or two payments during the loan term, even though a single payment transaction does not require regular periodic payments, and a transaction with only two scheduled payments during the loan term may not require regular periodic payments.