Sentences with phrase «unpaid loan principal»

What is factual is that unpaid loan principal and interest will be deducted from the death benefit proceeds.

Not exact matches

The expense is calculated as a percentage of the unpaid principal amount of the loan.

Interest that accumulates is based on the loan's unpaid principal balance and accrues on a student loan every single day, even if the account is not in repayment.

When you enter principal and interest repayment, Unpaid Interest will be added to your loan's Current Pprincipal and interest repayment, Unpaid Interest will be added to your loan's Current PrincipalPrincipal.

These mortgage loans have an outstanding unpaid principal balance of approximately $ 1.8 trillion as of September 30, 2009... While Freddie Mac continues to evaluate the impacts of adoption, the company expects that the adoption could have a significant negative impact on its net worth.»

In addition to the consequences described above, if you don't recertify your income by the annual deadline under the REPAYE, PAYE, and IBR plans, any unpaid interest will be capitalized (added to the principal balance of your loans).

Authorizes DOT to allow, for up to one year over the duration of the direct loan, an obligor to add unpaid principal and interest to the outstanding balance if at any time after the date of substantial completion the project is unable to generate sufficient revenues to pay the scheduled loan repayments of principal and interest on a direct loan.

Be aware that interest continues to accrue on student loans during repayment, and unpaid interest may capitalize, or be added to your principal balance, at the end of assistance.

In this program, homeowners may refinance their mortgage into a lower rate loan, provided the lender agrees to write off at least 10 % of the unpaid principal.

Interest which accrues prior to the final disbursement of the loan, if unpaid, will capitalize and be added to the principal balance of the loan upon entering repayment.

Capitalization — The addition of unpaid accrued interest to the principal balance of a loan is called capitalization.

Extra payments to student loans are usually applied like this: They cover any outstanding fees, then unpaid interest, and then finally are applied to principal.

Also, under ICR, you are responsible for paying all the interest, and unpaid interest is capitalized (added to the loan principal balance) every year.

The expense is calculated as a percentage of the unpaid principal amount (loan amount) borrowed.

Unpaid accrued interest that is added to the principal balance of a loan; thereby, increasing the overall principal balance as well as the following interest payment on that balance

These collection costs can add up to 18.5 % of the unpaid principal balance and accrued interest to the principal balance of the loan.

The annual fee will change from 0.50 % to 0.35 % of the average scheduled unpaid principal balance for the life of the loan.

10 percent family member pledge — This program allows a family member to contribute 10 percent of the original unpaid principal balance on a 100 percent LTV loan, provided that the borrower's income is less than or equal to 100 percent of the area median income, and the borrower contributes at least 3 percent to down payment and closing costs.

30 percent pledge — This mortgage program requires that a family member pledge 30 percent of the unpaid principal balance on a 100 percent LTV loan.

Your loan - to - value ratio indicates how much you will owe on the home after your down payment, and is expressed as a percentage that shows the ratio between your home's unpaid principal and its appraised value.

10 percent self - pledge — This program allows a borrower to pledge a minimum of 10 percent of the original unpaid principal balance on a 100 percent LTV loan.

Principal The principal or loan balance is the amount of money borrowed or remaining unpaid oPrincipal The principal or loan balance is the amount of money borrowed or remaining unpaid oprincipal or loan balance is the amount of money borrowed or remaining unpaid on a loan.

The addition of unpaid interest to the principal balance of a loan.

Capitalization means that we add accrued interest to the unpaid principal amount of your loan.

Unpaid Interest will capitalize (be added to your loan's Current Principal) at the end of a deferment.

If you have defaulted, the government allows a collection agency to accept a lump - sum payment under three conditions: A) You pay the balance of the loan and interest, but not the collection agency charge; B) You pay the principal plus half the unpaid interest; or C) You pay 90 % of the remaining principal and interest.

Capitalization increases the unpaid principal balance of your loan, and we will then charge interest on the increased principal amount.

Capitalization The practice of adding unpaid interest charges to the principal balance of an educational loan, thereby increasing the size of the loan.

Any unpaid interest that accrued during the deferment period may be added to the principal balance (capitalized) of the loan (s).

Due to interest capitalization, a process where unpaid interest and loan fees are added to the outstanding principal balance of a loan, the amount of money you repay on a private student loan can be significantly more than the amount you borrowed.

If you fail to recertify, the clock for qualifying for loan forgiveness is not reset, but some or all of the unpaid interest that was accruing on your loan may be «capitalized,» or added to your loan principal balance.

Capitalization is unpaid interest that has been added to the principal balance of a loan.

When a payment is missed or is insufficient to cover the interest, a Simple Interest Loan does not add the unpaid interest to the principal.

Once we allocate a payment to a specific loan or loans, payments are applied based on the terms of each loan's Promissory Note, usually first to Unpaid Fees, then to Unpaid Interest, and then to Current Principal.

Interest is calculated as a percentage of the unpaid principal amount (loan amount) borrowed.

You may end up paying more over the life of your loan due to extended terms, increased interest rates, or negative amortization (an increase in the amount you owe as a result of not paying interest — the unpaid interest is added to your principal balance).

Most loans require unpaid interest to be paid before the principal.

It is not uncommon for other types of loans to add unpaid interest to the principal.

The unpaid interest will be added to the principal of the loan at the end of the forbearance period.

Some federal student loans will accrue interest during the grace period, and if the interest is unpaid, it will be added to the principal balance of the loan when the repayment period begins.

The cost of rehabilitating your student loan will be no more than 16 % of the unpaid principal and the amount of interest that you have accrued.

And if the lender capitalized (increased the principal loan balance) for unpaid accrued interest, you calculate the portion that's deductible each year in the same way as the origination fee.

Effective October1, 2011 for commitments issued through USDA on all purchase transactions, an up front guarantee fee equal to 2 % of the loan amount and an annual fee of 0.4 % of the unpaid principal balance will be charged.

Note: Calculator assumes the interest rate remains the same and that unpaid interest isn't capitalized — added to the principal amount of your loan — at any time.

Lenders will generally add collection costs to the new loan balance, but as of July 1, 2014, this should be no more than 16 % of the unpaid principal and accrued interest at the time of the sale of the loan.

Some lenders capitalize unpaid interest - add it to the principal amount of your loan.

Mortgage Industry Advisory Corp. (MIAC) is facilitating the sale of a portfolio of performing agency / government mortgage loans with unpaid principal balance of about $ 2.24 billion.

; and 0.3 percent annual fee based on the average scheduled unpaid principal balance of the loan, for both purchase and refinance loans transactions.

Your interest will continue to accrue (grow) while your loans are deferred, and at the end of the deferment, any Unpaid Interest will capitalize (be added to your loan's Current Principal).

It will continue to be based on the unpaid principal balance and remain for the life of the loan.