Sentences with phrase «remainder after interest»

Any remainder after interest and late charges are paid is applied to principal.

Not exact matches

Note: Typically Bank of America adjustable - rate mortgage (ARM) loans feature an initial fixed interest rate period (typically 5, 7 or 10 years) after which the interest rate becomes adjustable annually for the remainder of the loan term.
If you use this procedure, you may receive up to $ 2,500 of your refund (plus interest if your account earns interest) within 10 Business Days after we received your claim and the remainder of your refund (plus interest if your account earns interest) not later than 45 calendar days after we received your claim.
The numbers mean that you will have a set interest rate for however long, and then after that time, it will adjust for the remainder of the 30 years.
After ten years of refinanced interest rates and payments, the remainder of the debt will be forgiven completely.
After the 5 - year fixed period, the interest rate and payments will fluctuate for the remainder of the loan term.
After the annuity trust terminates the balance or «remainder interest» goes to American Rivers to be used as you designate.
• Acceleration of interests of the beneficiaries in the remainder property after the life interest fails.
As we are interested in events which are likely to have a large impact on family life, the remainder of this chapter will focus on those who develop a persistent limiting health problems (i.e. 2 %); that is, health problems which are reported in at least two consecutive years after the first interview.
It's a little unclear, but if your interest rate is going to 20 % on $ 20 - 30k (the remainder after transferring $ 10 - 14k to 2 %) next month, that could take a while to pay off, unless you're making huge payments on it.
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