Such as for instance computation regarding reimburse or credit should be generated beneath the so-entitled sum of brand new digits approach

Such as for instance computation regarding reimburse or credit should be generated beneath the so-entitled sum of brand new digits approach

Except because the considering hereinafter good deferment agreement

(b) Whether your loan package try prepaid service completely because of the cash, a new financing, or refinancing of these mortgage up until the last payment big date, the new borrower shall found a refund otherwise credit. Any such reimburse or credit shall depict at the very least given that great an amount of the complete number of the newest pre-determined notice because sum of the fresh scheduled periodic full from payments adopting the date from prepayment, because the big date of prepayment is fixed below, bears towards the sum of the fresh planned unexpected complete regarding payments beneath the plan of installments from the unique price. Continua a leggere