Sentences with phrase «sum at closing»

With this option, you can get out of paying monthly private mortgage insurance by opting for a higher interest rate at closing, or by paying all your PMI in one lump sum at closing.

All funds are only available in one lump sum at closing.

It delivers a lump sum at closing, and you repay the loan in equal monthly installments.

Under a single premium plan, the entire premium covering several years is paid in a lump sum at closing.

Also, your conventional lender may allow you to pay a lump - sum at closing to eliminate monthly PMI payments, known as lender - paid PMI, or LPMI.

The upfront premium is paid in a lump sum at closing or added to the loan balance, unlike the monthly premium, which is paid over the life of the loan in addition to the interest and principal.

Closed - end loan is one in which you receive your money in one lump sum at closing and agree to repay it by a specified date.

If you have the cash, many lenders allow you to pay your PMI in a lump sum at your closing on your new mortgage loan.

With this option, you can get out of paying monthly private mortgage insurance by opting for a higher interest rate at closing, or by paying all your PMI in one lump sum at closing.

Lump Sum or Single Payment PMI involves paying a single sum at close of escrow to permanently cover PMI with no monthly PMI payments required.

Not exact matches

While the final sum of spending for the Games was reported to have been $ 51 billion, Baade estimates the figure at much closer to $ 70 billion — an amount that «eclipsed the sum total of all money spent on all previous winter Olympic games.»

But this lump sum is allowed to be financed into the loan, so you don't have to actually write a check for it at closing.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.

Thomas would bank a winner's sum of $ 1,080,000 should he close out the Sony Open at historic Waialae Country Club in Honolulu.

A friend who has known Se √ ± or since his early days in the U.S. and observed him in all his activities at close range, has summed him up this way: «He liked French champagne, Argentine horses and American women.»

Having paid close to # 18 million to break his ties with the Portuguese clan at Chelsea previously, would the Russian Oligarch be willing to part with another substantial sum to reunite himself with a man who many have referred to as the enemy of football?

At the last election the Lib Dems said they could raise large sums by closing tax loopholes and today Alexander announced that the government would spend an extra # 900m on anti-evasion and anti-avoidance measures.

Andreas Eckart sums up the new results: «We looked at all the recent data and in particular the period in 2014 when the closest approach to the black hole took place.

With just a quick glance at the limited promotional footage, you could sum it up as simply as Grand Theft Auto meets Left 4 Dead, and superficially you'd be pretty close.

Plaintiffs» closing arguments PowerPoint, presented in court on the last day of the Vergara v. California, sums up what's at issue and what's at stake in the historic education equality case.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.

The most common home equity loans are so - called closed end loans: the borrower receives a lump sum at the time of closing, with interest set at either a fixed or at an adjustable rate, depending on the agreement with the lender.

This isn't a sum you pay in cash at closing.

A cash - out refinance enables you to pay off your existing mortgage (s) and also to take out some of your home equity in a lump - sum cash payment at closing.

This new home loan pays off your current mortgage balance and lets you access the equity in your home in the form of a lump - sum cash payment at closing.

However, if the borrower receives more than $ 250 cash at closing, the loan is limited to 85 percent of the sum of the appraised value and allowable closing costs.

A fixed term reverse mortgage makes a lump sum disbursement of money once the loan closes, and has a loan interest rate that they are locked into at the time of closing.

A fixed term reverse mortgage makes a lump sum disbursement of money once the loan closes, and loan interest rates are locked into the rate at the time of closing.

To cover a broader range of home improvement needs, mortgage lenders offer loans in the form of cash - out refinance loans, another type of equity - based loan that involves a lump sum of cash at closing to use as you please for home improvement.

The fixed rate option requires borrowers to take a lump sum draw, meaning borrowers must take the full draw of all the money available to them at the close of the loan.

PMI can be paid monthly with the mortgage; in a lump - sum at the time of closing; or «built - in» to your mortgage rate (LPMI).

An average monthly balance sums the closing balance at the end of each day and divides it by the number of calendar days in the month.

Fixed - rate reverse mortgages give borrowers a one - time, «lump - sum» payment at closing of all of their loan proceeds, after the payoff of any mortgages or liens on their property.

Under this option, you pay a one time lump sum amount up - front at closing equal to 3 - years of monthly mortgage insurance.

The homeowner still has a single loan but with a completely new mortgage and a fresh rate and term, in addition to the lump sum of $ 100,000 which will be issued at the time of closing.

A HELOC is a home equity loan with a twist: rather than giving you a single lump sum of cash at closing, you're set up with a line of credit you can draw on as needed.

This sum can be paid upfront at closing as part of the settlement charges or can be rolled into the mortgage.

Balloon payment: One large lump sum that covers the balance due and that a borrower pays at the close of a balloon mortgage.

The average refinance takes between 20 and 45 days, and you'll get a lump sum for the amount you borrow at closing.

The borrower, home seller, a friend or relative may «buy down «mortgage payments by making a large lump - sum payment at closing.

A home equity loan can be structured to deliver a lump sum of cash at closing, or a line of credit that can be tapped and repaid, kind of like a credit card.

Lump sum: all proceeds are paid in a single amount at closing, with the maximum allowable disbursement at loan closing or during the first year of the loan being restricted to 60 percent of the eligible benefit or the mandatory obligations plus 10 percent of the benefit.

Still, if you plan to sell your home in the near future or expect a large sum of money, an open mortgage can be a great option — especially since most lenders will allow you to convert from an open to a closed mortgage at anytime (and switch you to lower rates).

You were quoted in the local paper as saying that you're confident that if you were working with a small sum closer to $ 1 million, you could compounded at a 50 % rate.

Lain York, an artist and gallery director at Zeitgeist, sums up the loss: «Sherrick & Paul closing is a huge blow to the Nashville scene on every level.

The exhibition, made possible by the remarkable sponsorship of Fundación BBVA, also takes a closer look at his still lifes (with their repeated use of the guéridon and fruit bowl motifs), his Canéphores, his postwar billiard tables, and the studios and birds produced towards the end of his life, which amplify and sum up his artistic research.

At a recent debate at Oxford University, organized by the OU Engineering Society, I gave the undergraduates an argument from process engineering (which you will find in outline in my Union College presentation, and in more detail in my Hartford College lecture) to the effect that the closed - loop temperature - feedback gain in the climate system (i.e., the product of the Planck parameter and the net sum of all unamplified feedbacks) can not much exceed 0.1, implying at most 1.3 K of warming per CO2 doubling, compared with the IPCC's central estimate of 3.3 At a recent debate at Oxford University, organized by the OU Engineering Society, I gave the undergraduates an argument from process engineering (which you will find in outline in my Union College presentation, and in more detail in my Hartford College lecture) to the effect that the closed - loop temperature - feedback gain in the climate system (i.e., the product of the Planck parameter and the net sum of all unamplified feedbacks) can not much exceed 0.1, implying at most 1.3 K of warming per CO2 doubling, compared with the IPCC's central estimate of 3.3 at Oxford University, organized by the OU Engineering Society, I gave the undergraduates an argument from process engineering (which you will find in outline in my Union College presentation, and in more detail in my Hartford College lecture) to the effect that the closed - loop temperature - feedback gain in the climate system (i.e., the product of the Planck parameter and the net sum of all unamplified feedbacks) can not much exceed 0.1, implying at most 1.3 K of warming per CO2 doubling, compared with the IPCC's central estimate of 3.3 at most 1.3 K of warming per CO2 doubling, compared with the IPCC's central estimate of 3.3 K.

In sum, no matter how intensive or extensive any lobbying efforts for increased public funding for legal aid may be over any period of time, they will never lead to an allocation of funding at a level sufficient to close the justice gap in the US.

The case of Carver v BAA PLC [2008] EWCA Civ 412 makes it clear that judges can take a very wide view of a case and where a Pt 36 payment is close to the Judgment sum achieved at final hearing whether it could be considered worthwhile for a claimant to take the matter to trial.

By the time we come up with hi - res audio quality and smartphones at the same time, the words come into our mind may may well veer towards expensive earphones, portable music players and other accessories that will offer sounds as close to HiFi audio as possible.However, while smartphone makers have make great progress in perfecting camera technology, a few of them have whopping sum of investment in offering hi - res audio quality to users without relying on expensive accessories to do the job.