Sentence examples for commitment fees from inspiring English sources

(So-called commitment fees are typical in revolving lines of credit).

Professor Guttentag, who runs a Web site for consumers at www.mtgprofessor.com, says the commitment fees, in particular, are new to this latest, particularly competitive round of refinancing.

Twitter will have to pay standard upfront and unused commitment fees for a credit facility this large.

These can include application and inspection fees, processing, courier and credit check fees, origination and broker fees, and even email and "commitment" fees, according to Realtor.com.

In addition, the Fed added a 2percentt commitment fee to the total balance when it started the loan.

In return for a commitment fee, the consortium will lend the central bank up to $6 billion in the event of a financial squeeze.

The "settlement or closing fee," he said, pays the lender's lawyer for drawing up the necessary paperwork, and the commitment fee is the lender's charge.

The upfront "commitment" fee is generally lower than 1% of the maximum amount available on the credit line; in some cases, borrowers may also be required to keep a minimum amount on deposit at the bank.

It amounts 60% of the total project capital costs to be repaid over 20 years with an annual interest rate of 6% and grace period 3 years with a commitment fee 0.5% on the remaining balance at each year during the construction period of the project.

The finance structure of the PSHPP was assumed to be divided into two debt loans as follows: It amounts 40% of the total project capital costs to be repaid over 10 years with an annual interest rate of 11% and grace period 2 years with a commitment fee 0.5% on the remaining balance at each year during the construction period of the project.

In that case, you paid $6 in interest in the first six months plus $1 for the commitment fee, for a total of $7. What it all means: In this stylized example, you are more likely to benefit from the line of credit if the interest rate on the line is below 14%.