Sentences with phrase «small lump sum»
To do this, one needs to save a relatively small lump sum of money that can be used as a base.
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As for the smallest lump sum, I'd keep it relative to the commission charged.
An adjustable rate enables the borrower to configure how and when the loan proceeds are disbursed such as: a line of credit, tenure or term monthly payments, a small lump sum at closing, or a combination.
The bigger the rate, the smaller the lump sum because interest helps an amount now grow bigger in the future.
During the 1870's these sons and daughters were often sent away, sometimes with a small lump sum of family heirlooms or funds.
The Social Security death benefit is relatively easy for surviving family members to claim and quick to be aid, but it is currently a small lump sum payment of $ 255 (assuming the deceased person had enough Social Security work credits).
An adjustable rate enables the borrower to configure how and when the loan proceeds are disbursed such as: a line of credit, tenure or term monthly payments, a small lump sum at closing, or a combination.
For example, you might take a small lump sum up front and keep a line of credit for later.