The
"payoff amount" refers to the total sum of money needed to completely settle and pay off a debt or loan. It includes the initial amount borrowed, along with any interest or fees that have accrued over time.
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Similar and related words and phrases are presented below.
«payoff»
«amount»
Related phrases
Phrases with «payoff amount»
Sentences with «payoff amount»
- The hardest part of their application process was getting loan payoff amounts from my other lenders. (financialsamurai.com)
- No more than the lesser of $ 250,000 or total payoff amounts verified by existing holders of qualified loans. (investedindiana.org)
- Many homeowners fail to understand that the mortgage payoff amount is usually higher than the balance owed, due to those pesky interest charges and / or additional fees. (pennymacusa.com)
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