Sentences with phrase «repaid over a fixed term»

Personal loans give you a lump sum of money to be repaid over a fixed term, usually between one and seven years.

A home equity loan (often referred to as a second mortgage) is a loan for a fixed amount of money that must be repaid over a fixed term.

Personal loans give you a lump sum of money to be repaid over a fixed term, usually between one and seven years.

Not exact matches

An online term loan is lump - sum financing repaid over a fixed period of time (3 - 36 months for short - term and up to 10 years for long - term).

Home equity loan payments are typically fixed over the repayment period, while a home equity line of credit can offer interest - only payment terms or outstanding balances can be repaid using a variety of repayment strategies.

You'll repay that amount over a fixed term, just like on your original mortgage.

The repayment terms for lines of credit are the same as for the variable and fixed interest loans, and students can repay these lines of credit over a term of up to 25 years.

Amortizing a loan means calculating a fixed monthly payment that will cover interest and repay the principal (the original amount you borrowed) over the course of your loan term.

With a term loan, you repay the loan over a fixed period of time at a fixed rate of interest.

An online term loan is lump - sum financing repaid over a fixed period of time (3 - 36 months for short - term and up to 10 years for long - term).