Total amount financed definition
Total amount financed means the total amount of financing required by the home to fund construction, acquisition, rehabilita- tion, or refinancing. Seventy-five percent of this amount must be sup- plied by tax exempt bonds to receive the total exemption from property tax available under the tax exempt bond financing provision of RCW 84.36.041.
Total amount financed means the total amount to be advanced by the Porter Group to the Customer or Vendor (as applicable) for the purposes of purchasing the Financed Goods and paying the Application Fee and Registration Fee, but is subject to variation pursuant to this Part Six of the Master Terms. The Total Amount Financed excludes interest as set out in the Finance Agreement.
Total amount financed. Annual Percentage Rate (APR): Assumes automatic payments. Reference loan agreement for requirements. 254.07 Solar Loan Payment per Month for the Initial Period (17 payments)*: Lender: 62,918.29 4.49 % Loan Term: 300 GoodLeap Months * This monthly payment will continue for the full term of Your loan if you make a voluntary payment of Your federal solar Investment Tax Credit (“ITC”). However, if no voluntary payment of Your ITC is made, Your monthly payment will increase as stated in your Loan Agreement. Your Loan Agreement may also include a lower introductory payment amount offered by Your Lender and may increase after such introductory period. Please see your Loan Agreement and the General Terms and Conditions below for further details. _____________ _____________ Down Payment At execution $ ($2,000) Progress Payment After Permit Acquired $ (30% of total) Final Payment After Installation $ (remainder) Total Payments (Non-Financed): $ _____________ _____________ Your Right to Cancel. IF YOU DECIDE YOU DO NOT WANT THE GOODS OR SERVICES YOU MAY CANCEL THIS TRANSACTION AT ANY TIME PRIOR TO MIDNIGHT OF THE THIRD (3RD) BUSINESS DAY AFTER THE DATE OF THIS TRANSACTION. A TIMELY NOTICE OF CANCELLATION MAY BE SENT TO POWUR AT ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇. SEE THE ATTACHED NOTICE OF CANCELLATION FORM FOR AN EXPLANATION OF THIS RIGHT. 4/1/2023 ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ Katy TX 77493 Powur, PBC, dba Powur, PBC Inc, a Delaware corporation ▇▇▇▇▇▇▇▇ ▇▇▇▇ Independent Powur Consultant 4/1/2023 General Terms and Conditions Homeowners Association Information Notice of Cancellation (2 Copies) Powur State Licenses Texas
Examples of Total amount financed in a sentence
Total amount financed (total of 1 – 5) $1,082.48 Notice to the Borrower: 1.
More Definitions of Total amount financed
Total amount financed. Annual Percentage Rate (APR): Solar Loan Payment per Month for the Initial Period (17 payments)*: Lender: % Loan Term: Months * This monthly payment will continue for the full term of Your loan if you make a voluntary payment of Your federal solar Investment Tax Credit (“ITC”). However, if no voluntary payment of Your ITC is made, Your monthly payment will increase as stated in your Loan Agreement. Your Loan Agreement may also include a lower introductory payment amount offered by Your Lender and may increase after such introductory period. Please see your Loan Agreement and the General Terms and Conditions below for further details. $ (75% of balance due after down payment). $ (remainder). $ (lesser of $1,000 or 10 percent of total).