Sentences with phrase «value loan balance»

If, however, the insured passes away after owning this policy for more than two years, then the entire amount of the stated death benefit will be paid out (minus any unpaid cash value loan balance).

Not exact matches

Remember, however, that although the mini-bond program is geared to entrepreneurs, you're still expected to present the traditional touchstones of creditworthiness: a strong balance sheet, adequate collateral and acceptable loan - to - value ratios.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 453,100 or less) increased to its highest level since April 2014, 4.50 percent, from 4.41 percent, with points increasing to 0.57 from 0.56 (including the origination fee) for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 424,100 or less) decreased to 4.28 percent from 4.34 percent, with points increasing to 0.38 from 0.31 (including the origination fee) for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year, fixed - rate mortgages with conforming loan balances of $ 424,100 or less decreased to 4.33 percent from 4.46 percent, with points increasing to 0.43 from 0.41, including the origination fee, for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year fixed rate mortgages with conforming loan balances of $ 424,100 or less increased to 4.23 percent from 4.20 percent, with points decreasing to 0.32 from 0.37, including the origination fee, for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 453,100 or less) remained unchanged at 4.69 percent, with points remaining unchanged at 0.43 (including the origination fee) for 80 percent loan - to - value ratio loans.

You divide your current loan balance by the home's current appraised value.

The fact that your pet rock shares go from valuations of $ 1,000 on Friday to $ 1 on Monday rips the bandaid off in a way you don't get when banks can inflate for months on end their balance - sheet value of non-performing loans.

As I wrote of few years ago, «The fact that your pet rock shares go from valuations of $ 1,000 on Friday to $ 1 on Monday rips the bandaid off in a way you don't get when banks can inflate for months on end their balance - sheet value of non-performing loans.»

PMI protects lenders against the risk that the value of the home will fall below the outstanding principal balance on the mortgage, leaving the borrower «underwater» on the loan.

When your mortgage balance reaches the 80 % loan - to - value mark, you can ask your lender to cancel your private mortgage insurance.

To determine your estimated equity, just subtract the outstanding balance of your loan from the estimated value of your property and you will have a great starting point for determining what types of refinance loans will work for you.

The gap is calculated by subtracting your insurance deductible from the value of your car and then subtracting the result from the balance on the loan.

Unlike PMI, the private mortgage insurance you'd pay with most conventional loans, MIP never goes away, even after you pay your loan balance down to less than 80 percent of the home value.

In the case of a job loss or other unforeseen event, the bank can take your hard - earned equity, and will be more willing to do so if you have a very low loan balance compared to the home's value.

If your positions lose value too quickly and your margin loan balance exceeds the proceeds from the securities your broker closed out, you could end up with no securities at all, but still owing money.

Your refinance depends on factors such as The type of loan you currently have Your home's value compared to loan balance Whether you currently hold mortgage insurance Following is a brief -LSB-...]

Subtract the balance of the loan still outstanding on your mortgage from the appraised value of your home.

Unless the value that you withdraw is paid back to the insurance carrier before your death, the balance of your loan will be deducted from the death benefit, and the carrier will need you to repay the interest on the loan as well.

Your Social Security number, income, current address, employment history, bank balances, federal tax payments, any open loans and the approximate value of your current property.

The difference between the value of an asset (like a car or home) and the balance of a loan used to pay for that asset.

Finally, GM's quick repayment of the loans has whetted the appetite of some commentators (including DeCloet) for the ultimate repayment of the full government contribution. That would occur through the issuance of public equity by GM and Chrysler, creating a market for those stocks into which the government would presumably sell its shares. There is even some nefarious language in the rescue packages requiring the government to sell off its shares within specified, relatively aggressive timelines. The more I think about it, the less this makes sense — neither for the auto industry, nor for taxpayers. Why not hang onto the equity stake? If the companies recover and the equity gains market value, then the government will be able to claim that on its balance sheet (hence officially recouping the cost of its written - off contributions and creating a budgetary gain).

Loan - to - value ratio, or LTV, measures the balance of an outstanding loan against the value of the asset that the loan purchaLoan - to - value ratio, or LTV, measures the balance of an outstanding loan against the value of the asset that the loan purchaloan against the value of the asset that the loan purchaloan purchased.

If the property value has fallen below the loan balance, though, you are in a much worse situation.

As an optional addendum to your loan and designed to help cover the difference between the vehicle's actual cash value and the outstanding loan balance after a total loss, having a GAP Waiver can reduce or eliminate those out - of - pocket expenses.

Most auto insurance policies are designed to only cover the vehicle's current cash value, not the loan balance, when a total vehicle loss occurs.

It may be possible to cancel private mortgage insurance at some point, such as when your loan balance is reduced to a certain amount — below 75 to 80 percent of the property value.

Because the value of a car depreciates over time, it's likely that the current value of a repossessed car isn't enough to cover the outstanding balance of a defaulted loan.

Loans secured by your home will generally have lower interest rates, approximately 3.5 % to 6.5 %, than loans secured by the solar panel system, which range from 3.5 % to 13.24 %, because the borrower can repossess a larger asset with more value — your home — to recover the full balance due rather than a solar system that has likely lost part of its value over Loans secured by your home will generally have lower interest rates, approximately 3.5 % to 6.5 %, than loans secured by the solar panel system, which range from 3.5 % to 13.24 %, because the borrower can repossess a larger asset with more value — your home — to recover the full balance due rather than a solar system that has likely lost part of its value over loans secured by the solar panel system, which range from 3.5 % to 13.24 %, because the borrower can repossess a larger asset with more value — your home — to recover the full balance due rather than a solar system that has likely lost part of its value over time.

For home equity loans and lines of credit (1) Maximum loan amount depends on home value and total loans secured by home (2) Property insurance required (3) Consult your tax advisor about tax deductibility (4) Closing costs are $ 149 for home equity loans and home equity lines of credit plus cost of appraisal, if needed, and can range from $ 400 to $ 700 (5) No annual fee for qualified credit (6) For balloon products, balance might not be paid in full by end of term.

Borrow up to 90 % of the appraised value of your home, less the balance of your first mortgage loan.

Due to the federal insurance protection offered by the FHA, you do not have to pay more than the value of the home when it is sold, even if your loan balance surpasses your home's value.

Better loan performance and rising home values pushed the group's Mutual Mortgage Insurance fund to an expected balance of + $ 7.8 billion, which was its largest reserve balance in several years, and which made the move possible.

Your lender must automatically cancel PMI when your outstanding loan balance drops to 78 percent of the home's original value, which can take several years.

Conventional fixed - rate mortgages are a popular option because it allows to get rid of mortgage insurance once your loan balance is 80 percent or less of the home's value... MORE

The maximum amount for a home equity loan will depend on the value of your home and the balance of any other mortgages.

Information based on a mortgage balance of $ 200,000 in New York with 75 % loan to value ratio and credit score of 740.

Once your loan balance reaches 80 percent of the home's original value, you may ask the lender to discontinue the PMI premiums.

Your CLTV is your desired loan amount plus your mortgage balance, divided by your home value.

If you want to refinance but your home value is less than your loan balance, U.S. Bank may be able to help.

It's a very affordable coverage that can provide a good bang for your buck, especially if there's a big gap between your car's value and the balance left on your loan.

The amount for this is now 2 % of the appraised home value, a cost that is most commonly financed into the balance of the loan.

Recent Federal Legislation requires automatic termination of mortgage insurance for many borrowers when their loan balance has been amortized down to 78 percent of the original property value.

A reverse mortgage loan is «non-recourse», meaning that if you sell the home to repay the loan, you or your heirs will never owe more than the loan balance or the value of the property, whichever is less; and no assets other than the home must be used to repay the debt.

In the next few steps you'll provide your ZIP code and details about the estimated value of your home, your remaining loan balance, whether or not you have additional loans on the property, whether you want to borrow additional cash, and how long you plan to own the home.

For example, if your home is now valued at $ 120,000 and your loan balance is $ 70,000, you might be able to get a new $ 120,000 x 75 % = 90,000 mortgage.

Information based on a mortgage balance of $ 200,000 in Pennsylvania with 75 % loan to value ratio and credit score of 740.

Existing house has a 300k balance left on the loan, house valued at about 400k.

Under the Homeowner's Protection Act (HPA) of 1998, you can request PMI be removed from your mortgage when the balance on your loan reaches 80 % or less of the home's original purchase price or appraised value at the time of purchase (whichever is less).