Examples of 'loan term' in a sentence
Meaning of "loan term"
Loan term refers to the duration or period of time for which a loan is granted and needs to be repaid. It specifies the length of time over which the borrower is obligated to make regular payments towards the loan, including any interest charges. Loan terms can vary based on the type of loan, financial institution, and agreement between the lender and borrower
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- A single loanword or a multi-word expression borrowed directly from another language.
How to use "loan term" in a sentence
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loan term
You want to shorten your loan term.
The loan term is up to seven years.
You can shorten the loan term.
A loan term that is growing.
It was about his car loan term.
The length of your loan term will also impact it.
Choose this option to enter a fixed loan term.
The minimum loan term is thirteen days and no max.
During the loan term.
The average loan term has been on the rise for years.
Longest possible loan term.
For any loan term you might use thirty years.
Interest rate is fixed for the entire loan term.
The loan term can be set from one year to seven years.
Enjoy lower payments at the beginning of your loan term.
See also
Get a shorter loan term to help you pay off your mortgage faster.
Possibility to refinance obligations allows to easily prolong the loan term.
Be sure to include the loan term and the interest rate in the contract.
There is nothing wrong in opting for a longer auto loan term.
Getting a loan term that matches your needs may be easier than you think.
Those payments are then added to the end of your loan term.
Having a fixed loan term can assist an individual manage their total economic problems.
Refinancing your loan is always an opportunity to negotiate a shorter loan term.
A longer loan term could mean paying more in interest for the primary residence.
Account closure is allowed without charging interest for full loan term.
This can occur because the loan term might be spread out over more years.
This is the value of the mortgage at the end of the loan term.
Having a set car loan term can help a person handle their general monetary problems.
The first consequence of a grouping of credits is the extension of the loan term.
The set loan term is still another benefit that accompany this sort of advanced financing.
The interest rate can remain constant throughout the loan term.
Loan term must be equal to or shorter than the CD term.
Will be forced to pay mortgage insurance for the full loan term.
The APR is lower when the loan term is relatively short.
Padova holds an option to purchase his rights at the end of the loan term.
Make the monthly APR and loan term absolute instead of relative cell references.
A specific rate of interest is established for each currency and each loan term.
Shorten your loan term and potentially save thousands!
You can also say that they agree to reduce the loan term.
The loan term is 2 years and there is no prepayment penalty.
The deposit is kept on the service until the end of the loan term.
Their loan term is repayable within one and a half years ;.
Most quick loans are offered at high interest rate as the loan term is short.
So a shorter loan term will generally cut your interest rate-often significantly.
You will pay once a month for the length of your loan term.
Loan term of between five and seven years for machinery and equipment ;.
The legal obligation to make payments to the lender exists for the loan term.
The loan term may be longer or shorter, depending on the credentials of the borrower.
A term loan requires you to make regular periodic repayments during a predetermined loan term.
However, you can extend your loan term and avoid this fee.
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Examples of using Term
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It was what you might term an enforced divorce
Medium term is defined two years in advance
But the next term never came
Examples of using Loan
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I got this on loan from the morgue
The loan of resources is documented by written agreement
Thanks for the loan of the coat
