The period of time over which the loan is amortized for payment.
The time during which the loan principal, plus any accrued and capitalized interest, is repaid. This time may be expressed in terms of years or months.
This is the amount of time during which the money borrowed plus interest are repaid.
The time when interest accrues on the borrower's loan and principal payments are required. For FFELP loans, the repayment period excludes any authorized deferment or forbearance. Interest continues to accrue during these periods for unsubsidized Federal Stafford, Federal SLS, and Federal PLUS loans.
In a home equity line of credit, after the 10-year draw period, the next 15 years is considered the repayment period. During the repayment period the member cannot draw from the home equity line of credit.
The period of time during which a borrower is responsible for making payments on a loan. The repayment period begins on the date the interim period ends. The maximum repayment period for an Education Finance Partners Private Loan is 240 months. The maximum repayment period for an Education Finance Partners Private Consolidation Loan is 360 months.
The period of time during which you repay the money borrowed and interest.
The period during which interest accrues on the borrower's loan and principal and interest payments are required. The repayment period excludes any period of authorized deferment or forbearance; however, interest continues to accrue for unsubsidized loans during this time.
The period during which a loan must be repaid.
The period in which payments of principal and interest are required. The repayment period follows any applicable in-school or grace period, and excludes any period of authorized deferment or forbearance.
the term of the loan in which you are required to make payments on an education loan.
The period during which interest accrues on the borrower's loan and principal payments are required. For Family Federal Education Loan Product (FFELP) loans, the repayment period excludes any period of authorized deferment or forbearance; however, interest will continue to accrue during these periods for unsubsidized PLUS loans.
This is the period after School or Grace in which the student actively makes principal and interest payments on the student loan.
The time span within which a loan must be repaid.
the amount of time during which you repay the money borrowed plus interest.
Also known as the ‘Termâ€(tm), this is the number of yearsover which the borrower must repay the mortgage.
The period that starts after the end of grace or after the loan is fully disbursed if it is a PLUS loan. This period is completed when the loan is paid in full. The mandatory period is lengthened by the use of Deferments and Forbearances.
The period that commences after the expiration of the grace period during which the borrower must make regular installment payments of principal and interest. The maximum term of repayment is 120 months. With SLS and PLUS loans, repayment occurs immediately after disbursement of the loan (exclusive of statutory deferments), since they do not receive a grace period.
This is the frequency with which you make your loan repayments. You will have a choice of making weekly, fortnightly or monthly repayments, depending on the lender and the loan product.
The period over which the borrower must repay the lender.
The period during which a borrower is obligated to make payments on his or her loan(s).
Period during which a loan borrower is obligated to make payments on his or her loans. This may be stated in years or number of payments. Back to the top
With a home equity line of credit, that portion of the life of the loan that follows the draw period. During the repayment period, the borrower cannot take out any more money, but must pay down the loan.