Thus it takes into account both the repayment of principal and the semiannual payments of interest along the way.
Electric rates would remain high here, corporate and consumer critics said, because the money for this deal would carry high junk-bond interest rates and require rapid repayment both to investors and to lenders led by Merrill Lynch and Credit Suisse First Boston.
Marine financing is not unlike a car loan, with the debt secured on the vessel and interest repayments available both at fixed and variable rates.
Both would make repayments after they were prosecuted for alleged embezzlement, though the case was halted in May 2010 when the repayments made by two were deemed reasonable.
For those earning forints or Polish zloty, the big swings in exchange rates in recent weeks have sent the size of both loans and repayments spiralling upwards.
Toughened industry-wide mortgage lending rules came into force last month, which mean that lenders now have to probe mortgage applicants more deeply about their spending habits to check they can afford their mortgage repayments, both now and when interest rates eventually rise.
But Hungary is still not the most welcoming place: a "fair banking" law that is working its way through parliament aims to cap interest rates and monthly repayments, both of which will hurt banks' profits.Hungary's embrace of the franc was the most extreme in the region at its peak in 2009, borrowing in foreign currencies amounted to more than 70% of household debt.
It argued it was important that students perceived future loan repayments "as both equitable and manageable".
The plan, currently under consultation, aims to target either high earners, large repayments, or both, but Centre Forum says most early payments aren't made by high earners.
This number reflects both the normal principal repayments that come with monthly amortization and the irregular dollops of principal that come when a mortgage is paid off early.
