Graduation Period

Filed Under » ,
Dictionary Says

Definition of 'Graduation Period'

The period of time on a graduated payment mortgage during which the monthly payment rises by a certain percentage at set intervals, usually annually. The interest rate at which monthly payments are set to increase by is fixed over the entire graduation period. If the actual payment is less than what an interest-only payment would be, negative amortization is created.
Investopedia Says

Investopedia explains 'Graduation Period'

Graduated-payment mortgages are similar to payment option adjustable-rate mortgages (ARMs); however, a graduated-payment mortgage is a fixed-rate mortgage. The benefit of a graduated-payment mortgage over a payment option ARM is that the borrower knows in advance, and for certain, what the payments and remaining principal balance of the mortgage will be over the entire life of the mortgage. 
Search results for

'Graduation Period'

  • An Introduction To Stafford Loans

    http://www.investopedia.com/articles/younginvestors/11/introduction-stafford-student-loans.asp
    ... federal government. This is true for the grace period (six months) after
    graduation and any authorized deferment periods. It is ...

  • Student Loans: Paying Off Your Debt Faster | Investopedia

    http://www.investopedia.com/university/student-loans/student-loans6.asp
    ... Example: Your student loans upon graduation totals $40,000. Your average
    interest rate is 4.5% and your repayment period is 20 years. ...

  • Keeping Your Student Loans In Check - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/Keeping-Your-Student-Loans-In-Check.aspx
    ... things to think about as you deal with your student loans after graduation. ... Check
    the Grace Period After leaving school (or dropping below half-time status ...

  • Delayed Interest: Buy More, Pay Much More Later

    http://www.investopedia.com/articles/pf/10/delayed-interest.asp
    ... Have a total payment and time period budget set aside first. ... thought they'd be and
    set out to spread the word.Gobel is also the author of "Graduation Debt: How ...

  • Free Financial Counseling Programs For Students

    http://www.investopedia.com/articles/younginvestors/09/free-campus-financial-counseling.asp
    ... off in the long run if you can approximate your salary after graduation before you ...
    $20,000 - depending on your interest rate - paid off over a 10-year period. ...

  • Student Loans: Loan Repayment | Investopedia

    http://www.investopedia.com/university/student-loans/student-loans4.asp
    ... Thus, a grace period of six months is standard before you enter the repayment ... other
    lenders, all of whom start collecting six to nine months after graduation. ...

  • College Loans: Private Vs. Federal

    http://www.investopedia.com/articles/younginvestors/09/private-or-federal-student-loans.asp
    ... for borrowers who go into certain military, public or teaching professions upon
    graduation; no loan fees and a longer grace period before repayment is required ...

  • Is Your High-Profile Job Worth The Price?

    http://www.investopedia.com/articles/financialcareers/10/high-profile-job-worth-price.asp
    ... student is estimated to be about $100,000 in debt by the time of graduation. ... In the
    field of entrepreneurship, a lengthy period of time in the pursuit of ...

  • How Does Industry-Run Education Work? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/How-Does-Industry-Run-Education-Work.aspx
    ... educational approach and reputation creates enough post-graduation opportunities
    to ... year for a private, non-profit university during the same period was $35,000 ...

  • Retirement Savings Tips For 18- To 24-Year-Olds

    http://www.investopedia.com/articles/younginvestors/06/tips18to24.asp
    ... APR are actually teaser rates, which will increase after a certain period, if the ...
    with Parents Living with parents for a year or two after graduation and/or ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links