Sentences with phrase «repaid in equal installments»

Not exact matches

This loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization (i.e., standard or extended loan repayment).

This calculator assumes that the interest rate remains constant throughout the life of the loan and that the loan will be repaid in equal monthly installments.

In this situation, the business will repay a certain portion of the tax debt in equal monthly installment paymentIn this situation, the business will repay a certain portion of the tax debt in equal monthly installment paymentin equal monthly installment payments.

In addition, the credit for these 2008 purchases must be repaid in 15 equal installments over 15 years, beginning with the 2010 tax yeaIn addition, the credit for these 2008 purchases must be repaid in 15 equal installments over 15 years, beginning with the 2010 tax yeain 15 equal installments over 15 years, beginning with the 2010 tax year.

Borrowed money that is repaid in equal payments, known as installments.

This calculator also assumes that the loan will be repaid in equal monthly installments.

It delivers a lump sum at closing, and you repay the loan in equal monthly installments.

Standard Payment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interest rate.

Most student loan calculators assume that the loan will be repaid in equal monthly installments through standard amortization.

But, if you repay the $ 100 and finance charge (a total of $ 110) in twelve equal monthly installments, you don't really get to use $ 100 for the whole year.

When it comes to mortgages, amortization ensures that the borrowed amount gets repaid in equal and unchanging installments throughout the whole period.

If the consumer credit transaction is scheduled to be repaid in substantially equal installments which include a portion of the amount financed, the amount of credit life insurance at any time shall not exceed the greater of the approximate unpaid balance of the debt, excluding unearned finance charges, if any, or the approximate unpaid scheduled balance of the debt, excluding unearned finance charges, if any, plus the amount of one scheduled payment.

Standard Payment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interest rate.