Sentence examples for equal monthly payment from inspiring English sources
Car and house loans often require an equal monthly payment that includes principal and interest.
If the court provides for payment in installments, the installments shall be in equal monthly payments over the period provided by the court, unless the court establishes another schedule.
Patients make equal monthly payments of about $110 over the first 25 months, then a balloon payment to remove the braces in the last month.
Example: Say you borrow $100 for one year with equal monthly payments of principal and interest, and the lender says the annual rate is 12%.
On T-Mobile's Simple Choice Plan, buyers will pay 24 equal monthly payments of $28 alongside their monthly voice, text and data charges.
Those interested in buying an Amazon Kindle e-reader or tablet can now pay in a series of five equal monthly payments instead of one lump sum at checkout.
The Curve 9315 is being marketed as a low-cost device, and in fact "the most affordable BlackBerry smartphone" on T-Mobile's network, but it will still come with a $49.99 "out-of-pocket down payment," followed by 20 equal monthly payments of $10 and require that customers sign up for a 2-year special value agreement on T-Mobile's Equipment Installment Plan.
A 2007 contract with Fong required the candidate to pay a $125,000 win bonus in 20 equal monthly payments beginning in February of 2009.
Also, there's a good chance you'll end up paying more for your loans in the long run if you elect to stretch out payments over 20 or 25 years rather than equal monthly payments over 10 years, thanks to interest accumulation.
These include repayment of the principal on a 5-year $70,000 SBA loan in equal monthly payments of $1,167, which we start repaying after the first three months of operations.
