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Repayment period |
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Repayment periodThe period over which the borrower must repay the lender.Repayment period Similar MatchesPrepayment penaltyPrepayment penaltyLenders can impose a penalty on a borrower who pays a loan off before its expected end date. Zero prepayment assumptionZero prepayment assumptionThe assumption of payment of scheduled principal and interest with no payments. Repayment vehicleRepayment vehicleThe means by which a mortgage loan's capital is repaid. Examples include endowments, ISAs and personal pensions. Prepayment speedPrepayment speedAlso called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through securities. Early repayment periodEarly repayment periodA period of time that applies to certain types of loan during which a charge will be made if the loan is repaid in full or in part or its terms are varied at the borrower's request. Further SuggestionsRepayment planPrepayments Repayment mortgage Prepayment penalty repayment mortgage Lag response of prepayments prepayment fee Monthly repayment Repayment term FHA prepayment experience |
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