Sentence examples for principal payment from inspiring English sources

"principal payment" is a correct and usable phrase in written English.
It can be used when discussing payments on a loan or mortgage. For example, "John made a principal payment on his mortgage last week."

Exact(34)

Each year that principal payment grows.

The principal payment, which was due yesterday, was deferred until Nov. 30, the company said.

Bank lenders agreed to defer 300 million euros ($365 million) in principal payment for more than three years.

It still faces a principal payment on long-term borrowing of $49.5 million due in November, and a payment of $250 million due in March 2010.

Premier Kenny said: The first principal payment will not now be made until 2038 and the last payment will be made in 2053.

Option ARM loans like Ms. Giosmas's gave borrowers the option of skipping the principal payment and some of the interest payment for an introductory period of several years.

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Similar(26)

The changes will help Loral reduce principal payments.

Interest and principal payments on the car loans are used to make interest and principal payments on the asset-backed notes.

On many loans, terms are also extended or principal payments put off for years.

The Committee will maintain its existing policy of reinvesting principal payments from its securities holdings.

Once hefty principal payments are added in, debt service takes up 21% of disposable income.

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