remaining term

remaining term

An amount of time left before a loan matures or before a lease expires.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in classic literature ?
Micawber, during the remaining term of our residence under the same roof; and I think we became fonder of one another as the time went on.
Abbey is offering a fixed rate deal until June 2, 2010, at a rate of 5.62%, reverting to its standard variable rate for the remaining term of the mortgage, currently 7.34%.
National independent mortgage broker Mortgage Talk highlights a selection of the week's mortgage dealsShort Term Fixed Rate The Alliance & Leicester is offering a fixed rate until the 31st May 2007 at 4.86 per cent, reverting to the standard variable rate for the remaining term of the mortgage, currently 5.5 per cent.
This means that in the case of below-market debt with a remaining term of less than 15 years, basis allocated to favorable financing will be recovered over a shorter period than the basis allocated to Sec.
It generally provides that when the swap hedges the entire term of the underlying debt instrument, the gain or loss should be spread over the remaining term of the hedged debt.
Abbey is offering a fixed rate deal until June 2010, at a rate of 5.62%, reverting to its standard variable rate for the remaining term of the mortgage, currently 7.34%.
Accord Mortgages is offering a fixed rate deal until April 30, 2010, at a rate of 5.49%, reverting to its standard variable rate for the remaining term of the mortgage, currently 7.5%.
The Halifax is offering a fixed rate deal until February 28, 2010, at a rate of 5.69%, reverting to its standard variable rate for the remaining term of the mortgage, currently 7.5%.
First-time buyer Rate: 2.24% (APR 2.37%) Variable rate for remaining term: 2.24% Arrangement fees: PS999 fee (PS199 can be added) Benefits: 90% LTV, free valuation Early repayment charge: None (Hinkley & Rugby BS) Offset lifetime tracker Rate: 2.24% (APR 2.42%) Variable rate for remaining term: 2.24% Arrangement fees: PS1,999 fee (can be added) Benefits: 75% LTV, free valuation Early repayment charge:1% within first two years (Barclays) 5-year fixed rate mortgage Rate: 2.55% (APR 4.6%) Variable rate for remaining term: 5.99% Arrangement fees: No fee Benefits: 60% LTV, free valuation, PS200 cashback Early repayment charge: 5% if repaid before Aug 31, 2018, 1% if repaid before Aug 31, 2022 (Newcastle Building Society)
The Halifax is offering a tracker scheme to February 28, 2010, at the Bank of England base rate plus 0.04%, equating to 5.54%, reverting to the standard variable rate for the remaining term of the mortgage, currently 7.5%.
The Nationwide is offering a two-year fixed rate deal, at a rate of 5.72%, reverting to its standard variable rate for the remaining term of the mortgage, currently 7.24%.
First-time buyer Rate: 2.24% (APR 2.37%) Variable rate for remaining term: 2.24% Arrangement fees: PS999 fee (PS199 can be added) Benefits: 90% LTV, free valuation Early repayment charge: None (Hinkley & Rugby BS) Offset lifetime tracker Rate: 1.99% (APR 2.15%) Variable rate for remaining term: 1.99% Arrangement fees: PS999 fee (can be added) Benefits: 75% LTV, free valuation Early repayment charge:1% within first two years (Barclays) 5-year fixed rate mortgage Rate: 2.55% (APR 4.6%) Variable rate for remaining term: 5.99% Arrangement fees: No fee Benefits: 60% LTV, free valuation, PS200 cashback Early repayment charge: 5% if repaid before Aug 31, 2018, 1% if repaid before Aug 31, 2022 (Newcastle Building Society)