prepayments

listen to the pronunciation of prepayments
İngilizce - İngilizce
Payments made in excess of scheduled mortgage principal repayments
advance payments of expenses such as insurance and taxes, often into an escrow account
Something you have paid in advance of the liability arising For instance, you may pay telephone rentals quarterly in advance
a privilege in a mortgage permitting the Borrower to make payments in advance of their due date without penalty
plural of prepayment
prepay
to pay for something before you need it or use it
prepay
To pay in advance, or beforehand; as, to prepay postage
prepay
{f} pay in advance, give money in advance (to settle a debt)
prepay
pay for something before receiving it
prepayment
A payment in advance
prepayment
Paying off all or part of a loan before it is due
prepayment
Any amount paid on a loan by the borrower before it is required to be paid under the terms of the promissory note There is never a penalty for prepaying principal or interest on Direct Loans
prepayment
A privilege in a mortgage permitting the borrower to make payment in advance of the due date This might occur if the borrower makes extra payments, sells the property, or refinances the existing loan
prepayment
Any amount that is paid to reduce the principal balance, not interest, of a loan before the due date
prepayment
The unscheduled partial or complete payment of the principal amount outstanding on a mortgage loan or other debt before it is due
prepayment
Full or partial repayment of the principal before the contractual due date
prepayment
{i} advance payment, giving of money in advance (to settle a debt)
prepayment
Payment of the whole or part of principal amount of a mortgage loan before the due date Mortgage agreements can restrict the borrowers right of prepayment either by limiting the amount that can be prepaid in any one year or charging a penalty for prepayment
prepayment
A privilege in a mortgage permitting the borrower to make payments in advance of their due date
prepayment
Paying off your mortgage loan, or part of it, before the due date Many fixed rate loans forbid prepayment, charge a penalty for it, or limit the amount that you can prepay in any one year Adjustable Rate Mortgages (see Adjustable Rate Mortgage) usually allow prepayment without penalty
prepayment
Payment in advance
prepayment
A loan repayment made in advance of its contractual due date or payment that exceeds the minimum required amount
prepayment
Any amount paid to reduce the principal balance of a loan before the due date Payment in full on a mortgage that may result from a sale of the property, the owner's decision to pay off the loan in full, or a foreclosure In each case, prepayment means payment occurs before the loan has been fully amortized
prepayment
payment of the mortgage loan before the scheduled due date; may be Subject to a prepayment penalty
prepayment
the payment of all or part of a mortgage debt before it is due
prepayment
Full payment of the principal before the due date; occurs when a property is sold or the borrower refinances the existing loan
prepayment
A privilege in a mortgage permitting the borrower to make payments in advance of their due date To Navigation Buttons
prepayment
Early payment of mortgage loans by homeowners For investors in mortgage-backed bonds, prepayments pose a serious threat Refinancing triggered by falling interest rates causes increased prepayments, which can cause bonds that are mortgage-backed to be called early For the homeowner, however, prepayment provides an opportunity to save on mortgage loans See "Should I Prepay?" BACK TO TOP
prepayment
A privilege in a mortgage permitting the borrower to make payments in advance of their due date without penalty
prepayment
Any amount of money that is paid on a loan prior to the scheduled time-- during a deferment or grace period (if applicable) or simply an extra payment during the repayment period Usually, but not always, prepayment reduces cost and carries no penalty
prepayment
Payment of a mortgage before the due date
prepayment
A payment made by the borrower over and above the scheduled mortgage payment If the additional payment pays off the entire balance it is a "prepayment in full"; otherwise, it is a "partial prepayment " For articles on prepayment, see Paying Off Early
prepayment
Payment of the entire mortgage loan, or part of it, before the due date (maturity date)
prepayment
~ The unscheduled partial or complete payment of the principal amount outstanding on a mortgage or other debt before it is due
prepayment
The borrower making payments in advance of the due date
prepayment
Full or partial payment of the principal before the due date This might occur if the borrower makes extra payments, sells the property, or refinances the existing loan
prepayments