The phrase "a monthly installment" is correct and usable in written English.
It can be used when referring to a payment that is made on a regular monthly basis, often in the context of loans, subscriptions, or purchases.
Example: "To purchase the new car, I opted for a monthly installment plan that fits my budget."
Alternatives: "a monthly payment" or "a monthly fee".
Cornell offers online payment with Cornell Net.Pay and a monthly installment plan.
She also will sever financial ties to the firm during her term at the S.E.C., taking an upfront lump-sum retirement payment rather than collecting a monthly installment of $42,500.
Your customers might sign up for a monthly installment plan, to be paid out over two years, but you need cash now.
The owner took a 20-year note from the bank with a monthly installment $600 that I had to pay, Yono says.
The featured catalogs currently include Fossil, Crate & Barrel, HarthSong and The Wisconsin Cheeseman (which apparently also lets you buy your cheese on a monthly installment plan).
If you buy a condo, expect to pay homeowner's fees, and if you buy a co-op apartment, you'll have to pony up a monthly maintenance fee plus a monthly installment on the property tax.
Unlike a credit card, which has a low minimum payment, you will have a fixed monthly installment with a personal loan.
1- Group of people joins together to contribute a fixed monthly installment into a common pot.
How it works: 1- Grofpeopleeople joins together to contribute a fixed monthly installment into a common pot.
It's cute, but here's the thing: smartphones are super expensive, so that either becomes an up-front cost, or one that's helpfully defrayed by T-Mobile over the course of a multi-year monthly installment plan payback.
They're not just using them to buy big ticket items like TVs and Teslas, either some fintech companies are also letting people pay for small daily purchases like burgers on a long-term, monthly installment basis.
