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What does duration mean for a loan?

Anonymous

∙ 14y ago

Updated: 9/18/2023

Duration indicates the time during which a given loan is in effect. Duration is also known as term or loan period.

Wiki User

∙ 14y ago

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How long is the co-signer responsible for a car loan?

Typically for the duration of the loan.

What is a modification on a home mortgage?

A home mortgage modification mean, "a change in already approved home loan either in interest rate or in its duration etc". Recently Obama administration has modified some 500,000 home mortgage loan.

What are the benefits of an FHA home loan?

One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.

What problems would arise without financial intermediation?

The amount to loan Duration or maturity of loan Attitudes toward risk

What is a fully disbursed loan?

Disbursed loan mean unsettled loan...........

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How long is the co-signer responsible for a car loan?

Typically for the duration of the loan.

What is a modification on a home mortgage?

A home mortgage modification mean, "a change in already approved home loan either in interest rate or in its duration etc". Recently Obama administration has modified some 500,000 home mortgage loan.

What are the benefits of an FHA home loan?

One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.

What problems would arise without financial intermediation?

The amount to loan Duration or maturity of loan Attitudes toward risk

How do I apply for a student loan?

Start by filling out a FAFSA. It's free to apply. http://www.fafsa.ed.gov/ The counselors at the school you're applying or have been accepted to should also be able to help.

What is a fully disbursed loan?

Disbursed loan mean unsettled loan...........

You want to know the calculation of emi of educational loan?

loan amount 500000 duration 7 years intrest rate 13.75%

What does it mean to amortize a loan?

bring a loan to an end

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The duration of Mean Creek is 1.48 hours.

What is the duration of The Mean Season?

The duration of The Mean Season is 1.72 hours.

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