loan payment

Monthly debt portion

A loan payment is a scheduled installment toward repaying borrowed money, typically including both principal and interest.

Most loans—mortgages, car loans, student loans—require monthly payments over a set term.

Her loan payment is due on the fifteenth.

Missing loan payments damages credit and can trigger penalties or default.

Related

principal · due · due date · monthly · amortization · balance · overdue · refinance · bank · bank account · borrower · credit · statement · automatic · auto pay · escrow · delinquent · payoff

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Opposites
financial transaction direction

loan paymentborrowing

Temporary taking of another's

cash advance · draw down

obligation vs. gift

loan paymentgift

Item given freely

donation · grant · charitable contribution · inheritance · windfall

debt status effect

loan paymentaccrued interest

Earnings accumulated but unpaid

default · delinquency · financial obligation

Family

loan, payment, loans, loaned, loaning, lender, payments, pays, paying

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