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the balance then owing

English translation: the final and last payment due

09:44 Jun 12, 2018
English language (monolingual) [PRO]
Bus/Financial - Finance (general)
English term or phrase: the balance then owing
This Loan will be repaid in consecutive monthly installments commencing on
_________________ and continuing on the ___________ of each following month with the balance then owing under this Agreement being paid on ______.
Nam Vo
Vietnam
Local time: 17:16
Selected answer:the final and last payment due
Explanation:
...

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Note added at 3 mins (2018-06-12 09:48:36 GMT)
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The remainder when all the instalment dates have passed
Selected response from:

AllegroTrans
United Kingdom
Local time: 11:16
Grading comment
Thank you very much! I appreciate it :)
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +3the final and last payment due
AllegroTrans
4 +2the balance owing at that time
Yvonne Gallagher


  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
the balance owing at that time


Explanation:
each month at time of repayment
balance=remainder of loan owed

Yvonne Gallagher
Ireland
Local time: 11:16
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 44
Notes to answerer
Asker: Thank you very much, Yvonne :)


Peer comments on this answer (and responses from the answerer)
agree  philgoddard: You were first.
2 hrs
  -> Thanks
agree  Daryo: no more, no less
20 hrs
  -> Thanks
Login to enter a peer comment (or grade)

2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
the final and last payment due


Explanation:
...

--------------------------------------------------
Note added at 3 mins (2018-06-12 09:48:36 GMT)
--------------------------------------------------

The remainder when all the instalment dates have passed

AllegroTrans
United Kingdom
Local time: 11:16
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Thank you very much! I appreciate it :)
Notes to answerer
Asker: Thank you very much, AllegroTrans :)


Peer comments on this answer (and responses from the answerer)
agree  Sarah Lewis-Morgan
9 mins
agree  Ashutosh Mitra
29 mins
agree  Tina Vonhof (X)
11 hrs
neutral  Daryo: you make it sound like it's some predetermined amount fixed by the loan agreement, while it's in fact "whatever happens to be still due" at that point in time.
2 days 6 hrs
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