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Definition of SINGLE PAYMENT LOAN: A loan that needs one payment at the end of its life to pay the full amount of the loan. The Law Dictionary Featuring Black’s Law Dictionary Free Online Legal Dictionary 2nd Ed.
Loan And Mortgages Quicken Loans reserves the right to cancel this offer at any time. Acceptance of this offer constitutes the acceptance of these terms and conditions, which are subject to change at the sole discretion of Quicken Loans. This is not a commitment to lend. Additional conditions or exclusions may apply.
The future balance is also called as future value. Here is the simple online Future Value calculator for single payment which calculates and fetches you the future value of present amount. FV calculator requires input values such as present amount, interest rate, number of period in years.