Sentences with phrase «specified repayment schedule»

Not exact matches

Any amount beyond the amount due (e.g., the late charges and collection costs and the monthly installment as specified in the repayment schedule) is considered a prepayment.

Mortgages are real estate loans that come with a specified schedule of repayment, with the purchased property acting as collateral.

Loan rules specify a five - year amortization repayment schedule, but there are no pre-payment penalties if you would like to rebuild your account more quickly.