Amortization Period. The amortization period is the time it would take to pay the loan in full, with interest at a given interest rate, by instalments of a given frequency and amount. There are four basic factors for the loan: the amount, interest rate, instalment and amortization period. With any three of them, we can work out the fourth. The mortgage uses the following amortization periods:
Appears in 4 contracts
Sources: Residential Mortgage, Residential Mortgage, Residential Mortgage
Amortization Period. 1.2.1 The amortization period is the time it would take to pay the loan in full, with interest at a given interest rate, by instalments of a given frequency and amount. There are four basic factors for the loan: the amount, interest rate, instalment and amortization period. With any three of them, we can work out the fourth. The mortgage uses the following amortization periods:
Appears in 4 contracts
Sources: Residential Mortgage, Residential Mortgage, Residential Mortgage
Amortization Period. 3.2.1 The amortization period is the time it would take to pay the loan in full, with interest at a given interest rate, by instalments of a given frequency and amount. There are four basic factors for the loan: the amount, interest rate, instalment and amortization period. With any three of them, we can work out the fourth. The mortgage contract uses the following amortization periods:
Appears in 1 contract