With APP, customers get the benefit of a Guaranteed Minimum Future Value (GMFV) of their vehicle, with the same end of contract options as a Personal Contract Plan (PCP), however, instead of paying monthly payments, the remaining balance is paid as
a single upfront payment.
Not exact matches
Single premium PMI allows the homeowner pay the mortgage insurance premium
upfront in one lump sum, eliminating the need for a monthly PMI
payment.
If Real and City offered say # 30mil
upfront and the rest via add ons but we made our bid
upfront, the full amount in a
single payment...
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Single - premium mortgage insurance is a third alternative for conventional mortgages, where the insurance is paid for in one larger
upfront payment.
While all home mortgages in Canada require a minimum 5 % down
payment, paying 20 %
upfront is one of the
single biggest cost - cutting measures a borrower can make.
Immediate annuities are sometimes referred to as
single premium immediate annuities, because you make the
upfront investment (the «premium», in insurance terminology), and then begin receiving benefits (income
payments).
A
single premium life insurance policy is an insurance policy in which the policyholder pays a large amount
upfront, a one - time premium
payment, in order to receive life insurance coverage.
You pay the mortgage insurance premium
upfront in a
single lump sum, eliminating the need for a monthly PMI
payment.
The down
payment assistance may also be used to pay closing costs (including an
upfront single mortgage insurance premium, if necessary, and thus eliminating the monthly mortgage insurance premium
payment).
Single pay is more expensive
upfront, but allows borrowers to skip the monthly
payments by paying the policy at closing.