0
ID 03361626150001 Ref:009104005000101 I want to know my loan balance. Cydronia
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is the balance on a loan?
The balance means the amount of money that you still owe on the loan.
What is plus mod balance in bank loan?
plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.
What is the opposite of a fully amortizing loan?
Any loan where the loan balance is not paid off by fixed, regular payments. A balloon loan is a simple example. The loan comes due before the balance has been paid off. The outstanding balance is then paid in one lump sum. A fully amortizing loan is a loan with a monthly payment of sufficient size and a term long enough that the outstanding balance of the loan will be reduced (amortized) to zero. In other words, on the maturity date of the loan (the date you can stop making payments), there is no outstanding loan balance to be paid off. The loan has been paid in full. A portion of each monthly payment was used to pay interest on the outstanding balance. The remainder of each monthly payment was applied to the loan balance as a repayment of principal. There is no "opposite" of this. There are alternatives. A loan could be interest only -- where the entire monthly payment represents interest and there is no amount of it applied to the loan balance. As such, on the maturity date of the loan (the end of the loan term), the payoff balance due to the lender is identical to the original loan amount. There has been no amortization of the loan balance during the term of the loan. Another alternative is a loan based on 20 year amortization but with a 5 year term. In this case, the loan payment is established by the amount that would be required to fully amortize the loan over a 20 year period (down to a balance of zero). However, at the end of 5 years, the loan matures (the end of the term) and the remaining balance must be repaid. That payoff amount will be less than the original loan amount because some amortization has occurred, but is certainly greater than zero (which would have taken another 15 years to reach).
My car was repossessed and now they want me to pay for the remaining balance on the loan and I can not afford it. What can the lender do legally to get payments in the state of Pennsylvania?
no
What is the outstanding balance on a loan called?
The amount of the loan is called the principal.
You want to know the balance in your sb account?
I want to know the balance in my account
Is Loan on balance sheet or off balance sheet?
Loan is on balance sheet
Want to know your account balance?
yes
How can check balance?
i want to know my balance at my account
Can you check your loan balance here?
No, you can not check your loan balance here.
How do you sell motorhome with a loan balance?
You must pay the loan balance out of the proceeds at the time of the sale.You must pay the loan balance out of the proceeds at the time of the sale.You must pay the loan balance out of the proceeds at the time of the sale.You must pay the loan balance out of the proceeds at the time of the sale.
You want to check your sbi account balance?
i want to know online my account balance
What is the balance on a loan?
The balance means the amount of money that you still owe on the loan.
You know want your account balance?
no
How do you find the payoff balance on a personal loan?
How do you find the payoff balance on a personal loan?
Can I trade in my car when there is a loan balance?
You can trade your car in, however the loan balance must still be satisfied.
Can you roll the balance of a carloan into a new car loan?
No, it most cases you cannot roll the balance of an existing car loan into a new car loan.
