Initial Deposit

• This topic has 2 replies, 2 voices, and was last updated 5 days ago by mart54.

• Initial Deposit Formula
• Initial Deposit In Metrobank
• Initial Deposition

Initial Deposit Amount means an amount agreed between the Issuer and Deposit Counterparty on the Trade Date such that it would allow the Deposit Counterparty to redeem the Term Deposit on its termination date at an amount equal to the Aggregate Nominal Amount of the Notes, as determined on the basis of the then prevailing interest rates and market conditions.

1. When buying a home you will likely have lots of questions. If you'd like to learn more about what escrow is and what an initial deposit is watch this video!
2. The Deposit Interest Calculator allows you to compute the initial deposit, the interest rate, the maturity or the final amount including interest on the basis of your input information. The detailed table shows at a yearly basis the deposit at beginning of the year, interest, total interest and final amount including interest at end of the year.

• Posts

• I have a question on a lease liability / present value and a initial deposit.

  Just to confirm when there is a lease question, the initial deposit is added to the ROU asset, but it has nothing to do with the lease liability amortised cost calc???

  for eg if it gave you PV of future lease paymnts for example of say 200,000, you wouldnt deduct the initial deposit of say 20k from this figure for amort cost calc, the b/f would still be 200k?(not 180k?) even if initial deposit was on exact same date as pv figure?

  Thank you in advance

  Martin

  Hi Martin,

  This causes a lot of confusion for many students and the reason is because the 200,000 is the present value of future lease payments. The deposit is not a future lease payment and has already been paid ad therefore will not need deducting from the 200,000 figure. It will be added to the ROU asset as it is one of the payments made.

  Thanks

• Posts

Application Fee and Initial Deposit

A $75 non-refundable Application Fee is required at the time of application. A $400 Initial Deposit is due at the time of application. The Initial Deposit will automatically be applied after the spring portion of the contract is completed, or the student may choose to roll this payment over to the next fall contract period during Priority Room Selection in October. Refund of the $400 Initial Deposit, due to cancellation prior to occupancy, is determined in the following chart. Students are required to contract for a Dining Plan in addition to a room.

Once the contract has been signed, even if it is after the cancellation dates below, it becomes a binding agreement, a contract between the student (and his/her Guarantor, if required) and the University. All cancellation requests must be submitted to University Student Housing in writing by the student.

Initial Deposit Formula

Initial Deposit Cancellation Schedule (Prior To Occupancy)

Contract Term

Initial Deposit In Metrobank

Students must select the contract term for the period of occupancy that they intend to reside in the Residence Halls. The following contract terms are available:

Additional Deposit

Residents who reserve space in Carpenter/Wells, Murray Hall, Gordon Hall, Talkington Hall, West Village, or Honors Hall are required to pay a $250 Additional Deposit, in addition to the $400 Initial Deposit. It is due at the time a contract is completed. This fee is non-refundable if the contract is cancelled at any time before the end of the contract period.

Initial Deposition

Both the Initial Deposit and the Additional Deposit will automatically be applied as a credit after the spring portion of the contract is completed, or the student may choose to roll this payment over to the next fall contract period during Priority Room Selection in October.