Monthly Payment

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Monthly Payment

Debt service or another liability one must pay on a monthly basis. Examples of monthly payments include mortgage payments and salaries to some employees.
References in periodicals archive ?
SUZUKI Suzuki 4th Quarter offers: Examples: Swift SZ3 3-door Initial payment of PS2,646 and 42 monthly payments of PS99 Swift Sport 1.
One Birmingham area Mazda dealership is attempting to provide car buyers with an opportunity to drive a new vehicle without the hassle of large monthly payments or the worry of frequent repair costs.
The new Huawei Ascend G630 device is available with an initial payment of BYR 559,000 and monthly payments of BYR 195,000.
The Alto SZ is available for a down payment of just PS919 followed by one payment of PS125 then 41 monthly payments of PS99.
Longer loan terms mean banks can offer lower monthly payments which can attract more borrowers.
Customers will benefit from a low down payment and monthly payments that are lower than a regular five-year financing plan.
Loan proceeds can be used for any purpose and taken out as a lump sum, fixed monthly payments, line of credit, or a combination.
The CNA report said the VA's costs associated with monthly payments would be reduced simply from having fewer veterans in the system.
Noted the Bloomberg News service on April 25: "Mortgages entering foreclosure jumped 72 percent during the first quarter from a year earlier, as higher interest rates increased monthly payments and strained the budgets of homeowners with adjustable-rate loans.
That is an increase from 2004 when the average consumer had $10,371 in debt and made monthly payments of $489.
The annuitant (who, in many cases, is the contract owner) receives monthly payments.

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