The time, usually expressed in years, that a lender sets in which a buyer must pay a mortgage.
Related information about loan term:
- What is loan term? definition and meaning
Definition of loan term: Period over which a loan agreement is in force, and before or at the end of which the loan should either be repaid or renegotiated for ...
- Loan Term - Definition of Loan Terms
A loan's term can refer to two things. First, it tells you how long the loan will exist. It can also refer to requirements and specifics of the loan agreement.
- Term loan - Wikipedia, the free encyclopedia
... spectacularly, you may be able to pay off your entire balance before it is due, preventing you from paying additional interest by waiting for the loan term to end.
- Loan Term Calculator
This calculator is for illustrative purposes only. We do not guarantee that calculations are accurate. Always consult your accountant or a professional advisor ...
- Loan Term Definitions
Loan Term Definitions. Auto-debit. Repayment of a loan by auto-debit occurs when the borrower sets up an agreement with the loan servicer to deduct monthly ...
- FinAid | Calculators | Loan Term Inverter
Sometimes you know the original balance, interest rate and monthly payment on your loan, but not the loan term. This Loan Term Inverter computes an estimate ...
- Auto Loan Term Length, Down Payments, Trade-Ins, Amortization at ...
The basics of auto loan terms such as length, down payments and trade-ins, refinancing, depreciation, being upside down and amortization.
- term loan financial definition of term loan. term loan finance term by ...
A bank loan, typically with a floating interest rate, for a specified amount that matures in between one and ten years, and requires a specified repayment ...