Sentence examples for a monthly payment of from inspiring English sources

The phrase "a monthly payment of" is correct and usable in written English.
It can be used when discussing financial obligations, such as loans, subscriptions, or services that require regular payments.
Example: "The loan agreement states that there will be a monthly payment of $500 due on the first of each month."
Alternatives: "a recurring payment of" or "a monthly fee of".

Exact(60)

Today, the Shakopee Mdewakanton are believed to be the richest tribe in American history as measured by individual personal wealth: Each adult, according to court records and confirmed by one tribal member, receives a monthly payment of around $84,000, or $1.08 million a year.

He said that he could offer Dyomin a monthly payment of ten thousand dollars.

For example, a conventional mortgage of $100,000 at 6 percent interest requires a monthly payment of $600.

Instead of a contract, they signed a lease, with a monthly payment of just under $3,000.

As it is, their 6.25 loan, which includes closing costs, will require a monthly payment of $1,232.03.

Mr. Garvais, a retired insurance executive, and his wife receive a monthly payment of around $6,400.

He raised the monthly minimum wage to £500, with a monthly payment of about £160 to the country's unemployed.

A first mortgage of $67,051 at 8percentt interest would require a monthly payment of $492.

A year ago, they might have paid 5.25 percent on a $300,000 loan for a monthly payment of about $1,657.

Those who take out an interest-only loan, on the other hand, will face a monthly payment of only $2,083 during the same period.

The representative advised him that an interest rate of 6.25percentt on a 15-year mortgage would result in a monthly payment of about $883.

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