Sentences with phrase «principal comes due»

Some lenders guarantee refinancing, though the interest rate is usually adjusted when the principal comes due.

When the term for paying only the interest ends and the principal comes due, many find that the monthly payment increases significantly making it more difficult to meet monthly expenses.

The muni bond has several maturity dates in which a portion of the principal comes due on a separate date until the entire principal is repaid.

Not exact matches

(Credit where credit is due: We benefited from having David Spence, the principal of a luxury hospitality business, come as our guest to the May 2014 retreat and provide us with detailed advice on how to improve our hospitality.

Putting her in charge of the Department of Education really is an insult to all of the many teachers and educators and principals and so many Americans who have come through our public schools, who have had a chance in this economy to make it in their lives in part due to this commitment of America to public schools, which we need to invest in more versus the sort of alternatives that Betsy DeVos has pushed, including charter schools that have sucked billions out of our public education system and that have resulted in hundreds of millions of dollars of fraud.

West High School and Wright and Cherokee Middle schools are also in the pilot, which came about due to the four school principals» interest in learning more about how to balance cellphone and apps use in schools.

The issuer of the bonds may not be able to meet interest or principal payments when the bonds come due.

Principal and interest account for the majority of your mortgage payment, which may also include escrow payments for property taxes, homeowners insurance, mortgage insurance and any other costs that are paid monthly, or fees that may come due.

Enough money comes due each year to cover your withdrawals (beyond what you receive from interest), including any draw down of principal.

Any payment to be made on the investments with credit risk, including any return of principal or coupon payable at maturity, if applicable, depends on the ability of the issuer to satisfy its obligations as they come due.

In return for that money, the issuer provides you with a bond in which it promises to pay a specified rate of interest during the life of the bond and to repay the face value of the bond (the principal) when it matures, or comes due.

If the home is sold, if the borrowers die, or if the home is not occupied as a principal residence for more than one year, the reverse mortgage comes due and must be repaid.

Kevin Hennessy, principal research scientist at CSIRO Marine and Atmospheric Research, said that fire risks are set to increase in the coming years due to climate change.

If the home is sold, if the borrowers die, or if the home is not occupied as a principal residence for more than one year, the reverse mortgage comes due and must be repaid.

The principal on the 666 5th Avenue mortgage comes due in February 2019.