Sentence examples for level payment from inspiring English sources

The conventional level payment or annuity mortgage, where the borrower pays both a contribution to the debt and an interest payment, has a long history.

Thus, a total premium of $10,000 payable over a period of 10 years at $1,000 a year shall be considered payable on a level payment basis.

For purposes of this subdivision (b), premiums will be considered payable on a level payment basis if the total premium under the contract is payable in equal annual or more frequent installments.

Obvious choice: a 30-year level payment term policy, one with a premium that is guaranteed not to rise but which builds no cash value whatever.

EITF No. 99-19 guidealnes deal with determining if revenue should be calculated as a gross number (full price of product to end customer) or only at the net level (payment Amazon receives for enabling a transaction).

"I have money in the bank earning interest and I am making level payments". ADJUSTABLE loans are often easier to unload than conventional loans.

The principal and interest on the $4.4 billion in borrowing would be paid off in level payments over 30 years, he said.

Lenders who offer loans with short adjustment periods make them easier for borrowers to budget by offering programs that have level payments or strict limits on the payment increases.

All borrowers default into the standard repayment plan after graduation - this is level payments over a 10 year period.

The standard in American banking is the amortizing mortgage after 30 years of level payments, it's paid off.

"Toss in an economic downturn and you will be left with level payments for life, not the ever-increasing income illustrated in the glossy sales brochure your agent showed you," says Brandt.