Sentences with phrase «regular loan amortization»

This may seem similar to the regular loan amortization schedule, but it is actually very different.

Not exact matches

Whether you are dealing with negative amortization or regular, run - of - the - mill amortization, the best way to reduce the amount of interest you are being charged is to pay extra towards your student loans — as much as you can, as often as you can.

Amortization is simply the gradual reduction of your loan balance / debt over time, as you make regular payments.

Amortization is the process of paying off a loan according to a regular repayment schedule.

Amortization is simply the gradual reduction of your loan balance / debt over time, as you make regular payments.

If you do, it calculates the length of time you'll need to have PMI based on the regular amortization of the loan; that is, over the course of time through making regular payments.

Loan amortization is the reduction of the auto loan debt as regular payments are made towards the principal and interests over a certain period of tLoan amortization is the reduction of the auto loan debt as regular payments are made towards the principal and interests over a certain period of tloan debt as regular payments are made towards the principal and interests over a certain period of time.

The word «amortization» refers to the repayment of a debt through regular payments until the loan is paid off in full.

Most of the examples apply to loans, because amortization generally refers to paying off a loan through regular installments (payments).

Amortization: The process of paying off a mobile home loan with regular payments over a fixed time period, where principal & interest are made on each payment.

Private lenders are sometimes used for bridge financing and the loan amortizations can be short (6 months - 5 years) and the rates can be significantly higher than regular bank mortgages.

Amortization refers to the process of paying off a loan or debt over time through regular monthly payments.

Amortization is basically the procedure of repaying a debt from a loan through regular payments over time.

Amortization of a loan is the process of dividing a lump sum of money owed into regular payments, such as with a home mortgage.

To give yourself the best of both worlds, consider going with a longer amortization, but increasing your regular payments using your mortgage loan prepayment privileges.

Amortization is simply the gradual reduction of your loan balance / debt over time, as you make regular payments.

Amortization refers to the process of paying off a debt (often from a loan or mortgage) over time through regular payments.

Reductions in mortgage principal debts through regular amortization played a role, as did refinancings by owners into loan types with shorter terms — mainly 15 years — and faster payoffs of principal.

Under the subheading «Negative Amortization (Increase in Loan Amount),» a statement of whether the regular periodic payments may cause the principal balance to increase.