Common use of TOTAL INTEREST CHARGES Clause in Contracts

TOTAL INTEREST CHARGES. (This is the total amount of interest charges payable under this Agreement) Consecutive monthly payments of and a final payment of Total Amount of Payments: Beginning on the monthly anniversary of the date on which you select as the disbursement date for the Loan. Your interest charges may vary slightly dependent on the disbursement date that you select for the Loan. Total Amount of Payments Your monthly payment amount may vary slightly dependent on the disbursement date that you select for the Loan. This is secured credit. If you fail to meet your commitments under this Agreement (including granting a security interest in this property to any other person), then to the extent that of the security interest we may be entitled to repossess and sell this property. If we exercise our rights under our security interest and sell this property and the proceeds received from the sale are insufficient to repay the amount outstanding under the Loan, then you will remain liable for the amount outstanding under the Loan after the proceeds of sale are applied. A security interest as defined in section 16 of the Personal Property Securities Act 1999, securing payment of all monies and performance of all obligations under this Agreement. Please note that, if we require a mortgage to be registered upon Settlement of the Loan, we will execute the necessary mortgage documentation on your behalf pursuant to the power of attorney granted by you in the Loan Terms and Conditions. You must also pay all additional costs, expenses, and liabilities actually incurred by Lending Crowd in registering and discharging any additional security (e.g. substituted mortgage for caveat). Otherwise, no other fees and charges (excluding those included in the initial unpaid balance) are payable in accordance with the terms of this Agreement except as may become payable and as set out in the Fees Schedule. The Fees Schedule is available on the Website ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇ and may be amended by us from time to time.