Base loan amount - Definition

The loan foundation on which loan payments are based. If all other costs accumulate, these costs will be added to base loan Amount.

If the borrower chooses to finance closing costs or other expenses of these costs will be added to the loan amount and payments are further adjusted to reflect the larger loan balance.



Terms near "Base loan amount"

Base market value
Base pay rate
Base period
Base point
Base premium
Base Price
Base rate
Basic convergence
Basis
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