MetaGlossary.com: Fixed Installment

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Keywords: Unvarying, Monthly, Waiver, Principal, Payment

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An unvarying loan payment.

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The monthly payment due on a mortgage loan including payment of both principal and interest.

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Periodic (usually monthly) payment on a loan whose sum does not vary.

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The periodic payment made for principal and interest on a loan.

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Regular, generally monthly, payments made towards paying off a loan. The mark of distinction is that these payments never waiver, rather they are set a fixed-rate in terms of payment amounts.

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Fixed installment is an industry term for the monthly payment due on a mortgage loan.

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The monthly payment on a home loan.

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Monthly home loan payments.

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monthly payment on a fixed rate loan which includes payment of both principal and interest.

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The monthly payment due on a mortgage loan which includes both principal and interest.

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The monthly payment, including both principal and interest, due on a mortgage loan.

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