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When a person borrows money what is the original amount of the loan called?
Wiki User
∙ 9y ago
The original amount of the loan is called principal.
Wiki User
∙ 9y ago
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What is the cost of a bank loan called?
Under FHA, the cost of a bank loan is called a MIP, or mortgage insurance premium. Some banks also call this the interest on the loan. A person borrows a certain amount from the bank and then pays a percentage on that money borrowed.
What is a person that borrows money from a bankfw?
A banker
In a mortgage who is the mortgagee?
The lender is the mortgagee. The person who borrows the money is the mortgagor.
When a country or a person borrows money to pay yearly debt they are involved in this type of spending?
deficit spending
The amount of credit-card debt a person has?
The amount of credit card debt a person has may hurt them from receiving credit when they apply for loans. It is called debt to income ratio.
What is the person called if he borrows money but does not return?
Hmm, are you thinking a thief ?
What is the cost of a bank loan called?
Under FHA, the cost of a bank loan is called a MIP, or mortgage insurance premium. Some banks also call this the interest on the loan. A person borrows a certain amount from the bank and then pays a percentage on that money borrowed.
What is a person that borrows money from a bankfw?
A banker
What if a person borrows your car and never returns it?
Then it's a stolen vehicle.
In a mortgage who is the mortgagee?
The lender is the mortgagee. The person who borrows the money is the mortgagor.
What does degenerate mean in gattaca?
A "degenerate" is someone who "borrows" another person's genes/ becomes that person.
What is mortagee means?
Person that borrows money usually from bank to purchase home
What is the plural form of borrow?
Subject-Verb AgreementAs with many verbs, only the third-person singular requires the S form borrows.I, you, we, they borrowhe, she, it borrows
What do you call a person who borrows books from the library?
biblioraptor
When a country or a person borrows money to pay yearly debt they are involved in this type of spending?
deficit spending
The measure of the amount of alcohol in a person's is called what?
The measure of the amount of alcohol in a persons blood is called the blood alcohol concentration (BAC).
The measure of the amount of alcohol in person blood is called what?
The measure of the amount of alcohol in a persons blood is called the blood alcohol concentration (BAC).
