"Monthly installments" refers to the fixed amounts of money that need to be paid each month towards a purchase, loan, or any form of debt. These payments are spread over several months until the full amount is paid off.
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«monthly»
«installments»
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Phrases with «monthly installments»
Sentences with «monthly installments»
- Many carriers offer plans where subscribers pay off the value of their new device in monthly installments in lieu of a two - year contract. (ibtimes.com)
- The interest rate is fixed for the term of your loan, and repayments are made in monthly installments of principal and interest. (usbank.com)
- In this situation, the business will repay a certain portion of the tax debt in equal monthly installment payments. (taxdebthelp.com)
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