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The terms and conditions of a private car sale contract with monthly payments typically include details about the car being sold, the purchase price, the down payment amount, the monthly payment amount, the interest rate (if applicable), the duration of the payment plan, any late payment fees, and the consequences of defaulting on the agreement. It is important to carefully review and understand all terms before signing the contract.

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5mo ago

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What are the key components of a private mortgage contract?

The key components of a private mortgage contract include the loan amount, interest rate, repayment terms, collateral, and any additional fees or conditions agreed upon by the lender and borrower.


What would be the benefit of consolidating your private and federal student loans?

One benefit of consolidating your private and federal student loans is that it would lower your monthly payments. Another benefit of consolidating student loans is that the variable interest rate on the loan can be switched to a fixed interest rate.


Are private car owners willing to take payments for their vehicles?

Private car owners may be willing to accept payments for their vehicles, but it ultimately depends on the individual seller's preferences and financial situation.


Is it possible to refinance Parent PLUS loans?

Yes, it is possible to refinance Parent PLUS loans through private lenders. Refinancing can potentially lower interest rates and monthly payments, but it may result in the loss of certain federal loan benefits.


How can my house payments go up if my mortgage is fixed?

Even with a fixed mortgage rate, your house payments can increase due to changes in property taxes, homeowners insurance, or private mortgage insurance (PMI). These costs are often included in your monthly payment through an escrow account, and if they rise, your overall payment will too. Additionally, if you live in a community with homeowners association (HOA) fees, those can also increase over time.

Related Questions

Is monthly private party car payments considered rental fees?

Until the vehicle is paid for, a person is basically renting the vehicle. If that person pays all but the last monthly payment and defaults, he or she has broken the contract (verbal or written) and is not entitled to any refunds or compensation. The monthly payments are rent for that vehicle, similar to renting anything else, an apartment, equipment, a moving van. The money is for the use or privilege of using the vehicle.


You sold a car in a private party sale in which the buyer agreed via written contract to make monthly payments and they now owe 380 and are 4 months behind-how do you repossess in Texas?

You locate the car and remove it from the possession of the default debtor.


What are the options for a student with 180K in private student loans and is it possible to get a 3-year grace period on monthly payments?

abdul kuyyam.6500laranaca,cyprus.mob-99931357.


What are the key components of a private mortgage contract?

The key components of a private mortgage contract include the loan amount, interest rate, repayment terms, collateral, and any additional fees or conditions agreed upon by the lender and borrower.


What is the best source of apartment loans so that I can rent my own place?

There is no apartment loans that you can get to rent your apartement. You can try to work with the landlord if it is a private rental to tack on your monthly payments in order to help you.


What is an example of an private law?

Private laws are those that do not apply to everyone. An example of private law is a contract. As long as it is not illegal, you can contract for many things or you contract away your rights.


If you have a contract with someone as a private sale and they are now three payments behind what do you need to do to recover this vehicle in Texas?

http://www.panhandlerecovery.com Barry can likely help you Did you have a contract signed between the two of you? Did it state that you could repossess it if they didn't make the payments? If not, you probably need to go visit the courthouse and prepare for a lawsuit against the person you gave the car to.


What would be the benefit of consolidating your private and federal student loans?

One benefit of consolidating your private and federal student loans is that it would lower your monthly payments. Another benefit of consolidating student loans is that the variable interest rate on the loan can be switched to a fixed interest rate.


What are stipulations?

A stipulation of settlement is an addendum to a contract to protect any personal, public, or private interests in the event of a particular outcome. (i.e. The court case was in my favor, but in order to collect my settlement, I have to sign a gag order that prevents me from talking about the conditions of my settlement to anyone.)


can I use my payments for a private medical plan as a medical deduction thanks ?

As long as you meet the guidelines to be able to deduct medical expenses, payments for private insurance are deductable.


Is it against the law to give out a copy of a contract?

Generally no law prohibits distribution of contracts, although the contract itself may contain requirements for confidentiality. Many consider the specific terms and conditions of a contract to be "trade secrets" or "proprietary information" related to the private business between the parties.


Can a CA private party lien holder on a vehicle with a signed contact agreeing to the terms be able to repo a vehicle legally if the payments are not followed as per the contract?

I would contact a professional company. In CA you have to be licensed to do repossessions.