Additional principal payment

 

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Additional principal payment

Extra money included in the monthly payment to help reduce the principal and shorten the term of the loan.



Additional principal payment

Similar Matches

Statement of Additional Information (SAI)

Statement of Additional Information (SAI)

A document provided as a supplement to a mutual fund prospectus. It provides more detailed information about fund policies, operations, and risks. Also known as a Part B prospectus.


Additional personal allowance

Additional personal allowance

An income tax allowance to single people including widows/widowers, separated spouses etc who are not entitled to the married couple's allowance and are supporting a child under the age of 16 at their own expense. This allowance also applies where a man's wife is living with him and she is totally incapacitated and they have a child living with them.


Additional security fee

Additional security fee

An up-front, one-off fee paid to the lender to protect against the borrower defaulting on the loan. This is usually charged on mortgages of more than 75% of the property value. Also known as Indemnity Guarantee Premium and Mortgage Indemnity Premium.


Additional rate tax

Additional rate tax

A term which applies to trusts without an interest in possession (for example a discretionary trust) and defines the additional rate of tax on income.


Additional bonds test

Additional bonds test

A test for ensuring that bond issuers can meet the debt service requirements of issuing any new additional bonds.


Further Suggestions

additional voluntary contributions
Additional hedge
free standing additional voluntary contributions


 
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