Sentences with phrase «required full monthly payment»

If you make multiple, partial payments in a month and the total of those partial payments equals or exceeds the required full monthly payment amount, those payments will count as only one qualifying payment.

Not exact matches

Minimum monthly payments are required, but may not pay your purchase in full by the end of the promotional period due to purchase amount, promotion length, additional purchases or allocation of payments in excess of the minimum payment.

Full payment of monthly tuition is required even if the child is unable to attend due to illness, vacation or school closings.

Regular account terms apply to non-promotional purchases and, after promotion ends, to promotional purchases, except that the fixed monthly payment will continue to be required until the promo purchase is paid in full.

Fixed monthly payments are required equal to 2.50 % of the highest balance applicable to this promo purchase until paid in full.

Fixed monthly payments are required equal to 2.50 % of the highest balance applicable to this promo purchase until paid in full.

Regular account terms apply to non-promotional purchases and, after promotion ends, to promotional purchases, except that the fixed monthly payment will continue to be required until the promo purchase is paid in full.

The same rule applies when paying off a credit card balance, but instead of the full balance, a pre-determined monthly payment is required that is often lower than the total outstanding balance.

A minimum loan amount of $ 300,000, payment of property taxes and insurance with monthly mortgage payment (escrows), a maximum debt to income ratio of 41 %, full credit and income verification, and required asset reserves.

For the purpose of regaining eligibility to receive federal student aid, a satisfactory repayment arrangement requires you to make six consecutive, voluntary, on - time, full monthly payments on the defaulted loan.

For a payment to count as one of the required 120 qualifying payments, you must be a full - time employee at a qualifying public service organization on the date that your federal loan servicer receives your monthly Direct Loan payment.

Typically, the installment agreement requires equal monthly payments that will allow a tax debt to be paid in full within the period of time during which the IRS still can collect the debt.

Public Service Loan Forgiveness (PSLF): In order to qualify for PSLF, it is required that the borrower must (1) work full - time at a qualifying public service organization, (2) be enrolled in a qualifying repayment plan, (3) make 120 scheduled monthly payments — paid on time and in full — on his or her Direct Loans.

Requires equal monthly payments that repay the loan (including the interest) in full over the specified term

While a Reverse Mortgage does not require regular scheduled monthly payments, the program does permit a borrower to make voluntary partial or full payments on the loan.

Your monthly required payments are going to increase to exhibit the full amortization for the remainder of the loan.

In addition, the terms of the loan dictate that you are required to make monthly principal and interest payments until the loan is paid in full.

The initial monthly payments are set at an amount lower than that required for full amortization of the debt.

In contrast, a PCP typically runs three years at lower monthly amounts, but requires a «balloon payment» (equal to the expected value of the car at three years of age) for anyone wanting to take full ownership.

You knew there had to be a catch, and here it is: Because an FHA loan does not have the strict standards of a conventional loan, it requires two kinds of mortgage insurance premiums: one is paid in full upfront — or, it can be financed into the mortgage — and the other is a monthly payment.

First, borrowers may opt for immediate repayment of a new student loan, requiring full principal and interest payments on a monthly basis, 45 days after the loan is funded.

No interest will be charged on promo purchase and equal monthly payments are required equal to initial promo purchase amount divided equally by the number of months in promo period until promo is paid in full.

In order to qualify for PSLF, it is required that the borrower must (1) work full - time * at a qualifying public service organization *, (2) be enrolled in a qualifying repayment plan *, (3) make 120 scheduled monthly payments — paid on time and in full — on his or her Direct Loans (only payments made after October 1, 2007 count towards this).

If the first scheduled payment is received on time, then the most recent 24 consecutive scheduled monthly payments must be made on time and in full, or, if the first required payment was not made on time, the most recent 48 consecutive scheduled monthly payments were made on time and in full.

Monthly payments are required and, if the full balance is not paid off by the end of the 6 - month promotional period, 26.9 % interest will be applied to the full amount charged from the purchase date.

Representation at hearings, if required, requires full representation for an additional low advance - fee deposit and a monthly payment plan.

Domiciliary Care Allowance is a monthly payment for a severely disabled child who is under age 16 and needs full - time care and attention far beyond what is normally required by a child of the same age.

While a Reverse Mortgage does not require regular scheduled monthly payments, the program does permit a borrower to make voluntary partial or full payments on the loan.

And, though you are often required to have a security deposit for responsible renters that money often comes back in full; first and last months rent are often required but that money eventually is used for a monthly payment.