For Finance Charge we have terms and definitions in 8 topics. The topics are Accounting, Credit Cards, Debt Consolidation, Finance, Home Equity, Mortgage, Real Estate and Refinance.

Finance Charge (Accounting)

is the total dollar amount your loan will cost you. It includes all interest payments for the life of the loanany interest paid at closingyour origination fee and any other charges paid to the lender and/or broker. In real estateappraisalcredit report and title search fees are normally not included in the finance charge calculation.

Finance Charge (Credit Cards)

A finance charge is a charge made for consumer credit, including interest and certain fees.

Finance Charge (Debt Consolidation)

The total dollar amount credit will cost.

Finance Charge (Finance)

The total cost of credit a customer must pay on a consumer loan, including interest.

Finance Charge (Home Equity)

The total dollar amount credit will cost.

Finance Charge (Mortgage)

The cost of credit as a dollar amount (i.e. total amount of interest and specific other loan charges to be paid over the term of the loan and other loan charges to be paid by the borrower at closing). Loan charges include origination fees, discount points, mortgage insurance, and other applicable charges. If the seller pays any of these charges, they cannot be included in the finance charge.

Finance Charge (Real Estate)

The cost of credit as a dollar amount (i.e. total amount of interest and specific other loan charges to be paid over the term of the loan and other loan charges to be paid by the borrower at closing). Loan charges include origination fees, discount points, mortgage insurance, and other applicable charges. If the seller pays any of these charges, they cannot be included in the finance charge.

Finance Charge (Refinance)

The total dollar amount credit will cost.

Similar

Browse words that start with:

• Fi
• Fin
• Fina
• Finan

Browse All Terms by First Letter

Term Search