repayment schedule

USAGE SUMMARY

The phrase "repayment schedule" is correct and usable in written English.
You can use it when discussing the terms and timeline for paying back a loan or debt. Example: "Before signing the loan agreement, make sure to review the repayment schedule to understand your payment obligations."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

(iv) Repayment schedule, if applicable.

Cornell University

"But when they did, we negotiated a repayment schedule".

The New York Times

It's fine if it's merely a demand loan and there's no repayment schedule.

The New York Times

THE repayment schedule for the Greek government's massive debt is entering an unforgiving phase.

The Economist

Each facility has its own access limit, disbursement plan, maturity structure, and repayment schedule.

Encyclopedia Britannica

The repayment schedule will depend on the homeowners' employment status when the forbearance period ends.

The New York Times

The repayment schedule for the balance due was strung out over 27 years.

The New York Times

I offer subjects both a flexible and a rigid repayment schedule and exogenously vary the price of the flexible schedule.

Journal of Economic Behavior & Organization

Euro-zone leaders also granted Greece a lower interest rate and longer repayment schedule on last year's bailout money.

The New York Times

If the homeowners have decent-paying jobs, for instance, they will work out a repayment schedule with their mortgage servicer.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

And let's assume a 10-year repayment schedule.

Huffington Post

Expert writing Tips

Best practice

Before signing a loan agreement, carefully review the "repayment schedule" to understand your obligations and ensure you can meet the payment deadlines.

Common error

Before agreeing to a "repayment schedule", clarify with the lender how partial payments are treated. Some lenders apply them immediately to the balance, while others hold them until a full payment amount is reached, potentially incurring late fees.

Linguistic Context

The phrase "repayment schedule" functions as a noun phrase that refers to a structured plan for paying back a loan or debt. Ludwig's examples demonstrate its use in various contexts, indicating its role in specifying the terms of financial agreements.

Expression frequency: Very common

Frequent in

News & Media

66%

Academia

10%

Science

8%

Less common in

Encyclopedias

3%

Wiki

3%

Formal & Business

3%

Ludwig's WRAP-UP

The phrase "repayment schedule" is a common and grammatically correct noun phrase used to describe the structured plan for paying back a loan or debt. As Ludwig AI confirms, it appears frequently in news, academic, and scientific contexts. Key related phrases include "payment plan", "debt repayment timeline", and "amortization schedule". When using "repayment schedule", it's important to clearly define all payment terms and understand how partial payments are handled. Awareness of these factors contributes to clear communication and financial planning.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Payment plan

Emphasizes the plan for making payments, rather than the specific timing.

Debt repayment timeline

Focuses on the temporal aspect of repaying debt.

Amortization schedule

Specifically refers to a schedule that reduces the balance of a loan over time.

Payback arrangement

Describes the general agreement for paying back a sum of money.

Installment plan

Highlights the arrangement of paying in regular installments.

Debt servicing schedule

Emphasizes the servicing or management of the debt payments.

Loan repayment terms

Focuses on the conditions and stipulations related to repaying a loan.

Payment timeline

Stresses the timing aspect of the payment process.

Financial commitment timetable

Highlights the committed dates for settling your financial commitments.

Settlement arrangement

Describes the wider agreement to settle a debt over an agreed period.

FAQs

How is a "repayment schedule" typically structured?

A "repayment schedule" usually includes details such as the loan amount, interest rate, payment frequency (monthly, quarterly, etc.), payment due dates, and the total number of payments required to pay off the debt.

What happens if I can't adhere to the "repayment schedule"?

If you anticipate difficulty in meeting your "repayment schedule", contact your lender immediately. They may offer options such as a temporary "forbearance", "modified payment plan", or "refinancing" to help you manage your debt.

What's the difference between a "repayment schedule" and a "payment plan"?

While both terms relate to paying off debt, a "repayment schedule" specifically refers to the timeline and amounts of payments. A "payment plan" is a broader term that can include other aspects like interest rates and fees, in addition to the schedule.

Can the "repayment schedule" be changed after the loan agreement is signed?

It's possible to renegotiate the "repayment schedule" with your lender, but it depends on their policies and your circumstances. Options may include extending the loan term or modifying the payment amounts. This often requires a formal "loan modification" agreement.