4/15/2022

Initial Deposit

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Initial Deposit Rating: 4,4/5 8352 votes
  1. When financing your home purchase, your lender ensures that you have the funds for an initial deposit and that the money comes from an acceptable source. You can't borrow a deposit from a credit.
  2. Initial Deposit: PHP 100.00; Maintaining Balance: PHP 100.00; Based on the initial deposit and maintaining balance requirements in the list, these bank accounts are excellent most especially for those who are just starting to save money. You can now open.
  3. Start by entering your initial deposit or investment, or your current balance if you already have a deposit. This is used as a basis for all calculations. Then enter how long you want to keep the deposit or investment, usually in years, but we also support other time periods.

These deposits are typically due within three days of the buyer and seller agreeing to a purchase contract in writing. They can be paid all at once, or broken into two different phases as follows: Phase 1 will typically be between $1,000 and $5,000, regardless of home price. Phase 2 will be the balance due after phase 1. So on a $300,000 purchase price with a required deposit of 3 percent, if you paid $1,000. 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.

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

What Does Initial Deposit Mean

Real

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Initial Deposit
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  • 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

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