METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the Unpaid Balance of Your Loan at the end of each day by the daily interest rate. The daily interest charges are then summed for each day in the Relevant Repayment period and charged at the end of that Repayment Period. The interest as calculated above is then charged at the end of the relevant Repayment Period.
METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest will be charged to the Loan on the last day of each month.
METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance of each Loan Portion at the end of each day by the daily interest rate, which is the relevant Annual Interest Rate divided by 365. Interest is charged on each Payment Date (as part of the Payment Amount). Total Interest Payable: $ Payment Number Each Payment Amount Payment $ Payment $ [PAYMENTS SCHEDULE 2 (these are the regular payments we require you to make in respect of Loan Portion 2 during the term of that Loan Portion) Your Payment Dates are at intervals. First Payment Date: Final Payment Date: Total Payments: $ Total Interest Payable: $ Payment Number Payment Payment Each Payment Amount $ $] For the purposes of these Commercial Terms (including the calculation of your Payment Amounts), we have assumed that your Loan will be advanced on the Effective Date. If your Loan is advanced on another date, then your Payment Amounts may vary slightly (and if that is the case, we will provide you with an update as required in accordance with applicable law). This Payments Schedule is also given on the basis that there is no change to any Annual Interest Rate, that no fees or other charges are incurred (which are not included in the Loan Amount above and are not interest charges), that you make all payments in accordance with this Payments Schedule, and that you do not default under this Agreement. We require you to have a primary account with us (into which your income is paid) and your payments to us under this Agreement must be made by direct debit from that account, unless we have agreed otherwise. INTEREST FREE PERIOD There is no interest-free period under this Agreement. PROPERTY Physical address Title number SECURITY UNDER THIS AGREEMENT This is a secured loan. Security is given under the Mortgage (and any other Related Security Agreement) in the Property. If you fail to meet your commitments under this Agreement, we may be able to sell the Property. We can use the sale proceeds to pay back the total amount of the Secured Debt. You make important promises to us about the Property in clause 4 of the General Terms and in the Mortgage (and any other Related Security Agreement). You should read these carefully and make sure you understand your obligations.
METHOD OF CHARGING INTEREST. Interest Start Date Annual Interest Rate % fixed for the whole term of this contract Total Interest Charges $ Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest is charged to your account monthly.
METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest will be added to the Loan on the date each Payment is made (as set out in the Payment Schedule below). Payment Schedule Repayment Amount Repayment Frequency First Payment Due Last Payment Due Number of Payments Term of loan Total Amount of Payments Consists of New Loan Total plus Total Interest Changes over the term of the loan Loan Class Principal and Interest Loan Purpose Securities The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply to the security interest are out in clause 7.1 of the General Terms.
METHOD OF CHARGING INTEREST. In relation to the Loan or a Facility (as applicable), interest is calculated on a monthly basis on each Payment Date by multiplying:
METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest will be added to the Loan on the date each Payment is made (as set out in the Payment Schedule below). Payment Schedule Includes Interest Charges Repayment Amount Repayment Frequency First Payment Due Last Payment Due Number of Payments Term of loan Total Amount of Payments Consists of New Loan Total plus Total Interest Changes over the term of the loan Loan Class Principal and Interest Loan Purpose Securities The repayment of the Loan is secured over the property described below, the property described in the “Existing Security Details” and each Additional Security Schedule (if any). The Terms which apply to the security interest are out in clause 7.1 of the General Terms.
METHOD OF CHARGING INTEREST. Interest charges are calculated and charged at the end of each month by multiplying the daily unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest is charged to your account monthly. CREDIT FEES AND CHARGES The following credit fees and charges (which are not included in the Amount Financed) are, or may become, payable under, or in connection with this Agreement. The Creditor may vary these fees and charges. Administration costs and fees payable on full prepayment are disclosed under the Full Prepayment heading. $~FinMonthlyDocFee~ per month account maintenance fee. CONTINUING DISCLOSURE The Creditor is required to provide you with regular statements. These statements will give you information about your account. Statements will be provided every 6 months.
METHOD OF CHARGING INTEREST. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365 to give a daily rate of 0.079452055%. Interest is charged to your account Weekly. CREDIT FEES AND CHARGES The following credit fee(s) and charge(s) (which are not included in the initial unpaid balance) are, or may become, payable under, or in connection with, the contract. Your credit contract may allow the lender to vary this/these fee(s) and charge(s).
METHOD OF CHARGING INTEREST. Interest is calculated by multiplying the Unpaid Balance of Your Loan (including fees and capitalised interest) at the end of each day by the annual interest rate divided by 365. Interest is charged to your account (capitalised to the Unpaid Balance of Your Loan) daily.
