The number of years that the loan will last. The longer the loan, the lower the payments, the higher the cash flow.
A period of time during which the loan must be paid.
The loan term is the period of time over which the loan will be paid. First mortgage loans typically have terms of 30, 20 or 15 years.
The loan term is the length of time allowed for complete repayment of principal and interest. Typical loans are designed for repayment in 30 years or 15 years. Some loans are amortized over 30 years but require a balloon payment at the end of a 5— or 7— year term.
The total amount of time you are given by a lender to pay off your loan. Loan terms vary, but are generally set at 15 or 30 years.
The period of time the borrower gets to rent the money from the lender. As with all rental agreements, the borrower must return the money (and then some) at the end of the term.
The number of years over which the mortgage is to be repaid.
The period of time between the commencement date and the termination date of a note or a mortgage.
The time period required to payback the loan. The amortization term usually varies with loan type.
Length of time until your loan is due and payable.!-- google_ad_client = "pub-7202623181621962"; google_ad_width = 300; google_ad_height = 250; google_ad_format = "300x250_as"; google_ad_channel =""; google_color_border = ["336699","000000","B4D0DC","A8DDA0"]; google_color_bg = ["FFFFFF","F0F0F0","ECF8FF","EBFFED"]; google_color_link = ["0000FF","0000FF","0000CC","0000CC"]; google_color_url = "008000"; google_color_text = ["000000","000000","6F6F6F","6F6F6F"];
The period of time for the loan to be repaid.
The length of time a loan is given, usually measured in months.
The period of time covered by the loan agreement (e.g. 48 months, 60 months).
The amount of time, as written in the promissory note, for a borrower to repay a loan, such as a mortgage. Most conventional mortgages have a loan term of 5 or 10 years.
The period specified in the promissory note for a borrower to pay a loan, such as a mortgage. Most conventional mortgages have a loan term of 15 or 30 years.
The loan term is the amount of time that the borrower has to pay the loan back in its entirety.
Number of years a loan is amortized. Mortgage loan terms are generally 15, 20, or 30 years.
The period of time a borrower is given for the repayment of their loan. Usually the loan term is expressed in the form of the number of months the borrower will make payments.
The amount of time (months or years) required to pay the loan in full. This is also known as amortization term.
Time Period within which a borrower must repay the loan funds.
Maximum length of time within which a loan must be repaid.
The period of time between the closing date and the date of your last payment is paid of your loan.
The amount of a time set by the lender for a buyer to pay a mortgage. Most conventional loans have 30-year or 15-year terms.
This is the length of the loan, usually broken down into months (24, 36, etc.). While it is true that the longer the "Loan Term", the lower the monthly payment; increasing the length of the loan to lower the monthly payment should be done with a great deal of caution as the total amount repaid will be higher due to interest accrued. It is calculated by dividing the sales price or appraised value of an auto by the loan amount.
The period of time over which a loan is to be repaid.
The total number of payments required to pay the loan in full. This is also known as amortization term.
The length of time the borrower has to repay debt.
The time set by a lender for a buyer to pay a mortgage. Most conforming loans have 30-year or 15-year terms. In the case of balloon loans, payments are based on the amortization period and a final payment due at term.
The amount of time that is set for the repayment of the mortgage or loan. Conforming loans are usually 15 or 30 years.
The period of time, usually terms of 15, 20 or 30 years, over which the loan will be paid back to the lender.
The period of time during which a loan must be repaid. For example, a 30-year fixed loan has a term of 30 years. Also called term. See maturity date.
length of time set by a lender for a borrower to repay a mortgage loan.
