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principal of the loan

См. также в других словарях:

  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

  • principal — prin·ci·pal 1 / prin sə pəl/ adj 1: being the main or most important, consequential, or influential their principal place of business the principal obligor 2: of, relating to, or constituting principal or a principal the principal amount of the… …   Law dictionary

  • Loan-to-value ratio — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower borrows $130,000 to purchase a house worth $150,000, the LTV ratio is… …   Wikipedia

  • Loan to value — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower wants $130,000 to purchase a house worth $150,000, the LTV ratio is… …   Wikipedia

  • Loan servicing — is the process by which a mortgage bank or subservicing firm collects the timely payment of interest and principal from borrowers. The level of service varies depending on the type of loan and the terms negotiated between the firm and the… …   Wikipedia

  • principal payment — ➔ payment * * * principal payment UK US noun [C] ► FINANCE a payment made to pay back all or part of a loan, rather than to pay interest on the loan: »The hospital operator said its lenders also agreed to defer a $4.2 million principal payment… …   Financial and business terms

  • Loan — The act of giving money, property or other material goods to a another party in exchange for future repayment of the principal amount along with interest or other finance charges. A loan may be for a specific, one time amount or can be available… …   Investment dictionary

  • Principal, Interest, Taxes, Insurance - PITI — The components of a mortgage payment. Principal is the money used to pay down the balance of the loan; interest is the charge you pay to the lender for the privilege of borrowing the money; taxes refer to the property taxes you pay as a homeowner …   Investment dictionary

  • Loan amortization schedule — The schedule for repaying the interest and principal on a loan. The New York Times Financial Glossary …   Financial and business terms

  • loan amortization schedule — The timetable for repaying the interest and principal on a loan. Bloomberg Financial Dictionary …   Financial and business terms

  • Loan shark — A loan shark is a person or body that offers illegal unsecured loans at high interest rates to individuals, often backed by blackmail or threats of violence. They provide credit to those who are unwilling or unable to obtain it from more… …   Wikipedia

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