Century 21 Professional Realty
5600 U.S. Highway 19 , New Port Richey - FL 34652
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The term mortgage amortization is the steady switch occurring to each mortgage payment between how much interest is covered and how much principal each month. Simply put, mortgage amortization is the plan for repaying a mortgage. Because the debt diminishes with each payment, the interest diminishes...
Cost excluded from the minimum lease payments to be made by the lessee in a capital lease. The lessee reimburses the lessor for the lessor's expense payments....
Premium rate charged by the insurance company (insurer), which is below the standard rate....
Same as term Line Limit: maximum amount of a specified type of insurance coverage, according to underwriting guidelines, that an insurance company feels it can safely underwrite on a particular exposure without having to acquire reinsurance for that exposure....