By a repayment plan one understands the temporal representation of a in connection with a real estate financing over the entire running time away up to the complete repayment of the loan.

Banks, savings banks and building societies are obligated to provide an interest and a repayment plan and to place their customers to the order. This plan must contain at least following points:

• Kind of credit
• Credit height
• Interest rate (nominal and effective)
• Interest and instalments
• possibly agreements for repayment suspension

See also

Credit, credit collateral, credit request

Related links

http://bundesrecht.juris.de/bundesrecht/verbrkrg/index.htmlSoftware for the computation of repayment plans

Articles in category "Repayment plan"

We found here 8 articles.

Related Websites

We found here 4 related websites.

• Debt repayment plans explained
  How to make a debt repayment plan. ... All you need to do for your debt repayment plan is to calculate two things: a) How much money you make (how much is ...


• FinAid | Loans | Repayment Plans
  There are four main repayment plans for Federal education loans, ... This plan is like standard repayment, but allows a loan term of 12 to 30 years, ...


• Repayment Plans for Direct Loans
  The Direct Loan Program offers loan repayment plans designed to meet the needs ... The Direct Loan Program allows you to choose your repayment plan and to ...


• Student Loan Consolidation Repayment Plans
  Details on the five different student loan repayment options available with federal student loan consolidation.