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straight loan

A loan in which only interest is paid during the term of the loan with the entire principal amount due with the final interest payment. Also called a term loan.

Related information about straight loan:
  1. What is straight loan? definition and meaning
    Definition of straight loan: A loan in which only interest is paid during the term of the loan with the entire principal amount due with the final interest payment.
     
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    This edition goes a step further and discusses situations where a loan documented on a note and a security agreement (sometimes referred to as a straight loan) ...
     
  3. MoneyGlossary.com: Straight Loan
    Straight Loan. Definition: Short-term loan which is paid periodically at a specified rate of interest, with the principal payable at maturity. << Go back.
     
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    The paper brings the corporate news from all over loan auto links market straight loan auto links the people. Members of Micron s consortium are still debating ...
     
  6. How Down Payments Affect Your Monthly Car Loan Payments ...
    Straight Loan Reduction. When considering how your down payment will affect your monthly car loan payment, the first step is to understand that a larger down ...
     
  7. Loan or Investment Formulas
    Aug 5, 2012 ... Solution: This is a straight loan from you to the bank: A = 15000; i = 5%/12 = . 004167; P =100, and you need to find N. Use equation 3: ...
     
  8. Home payday loans: Utilized online in addition to accredited quickly ...
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