Michael Petruccelli asks; What is a remaining term?

Michael Petruccelli says; The original amortization term minus the number of payments that have been applied.

Michael Petruccelli asks; What is a remaining balance?

Michael Petruccelli says; The amount of principal that has not yet been repaid.

Michael petruccelli asks; What is a revolving debt?

Michael Petruccelli says; A credit arrangement, such as a credit card, that allows a customer to borrow against a preapproved line of credit when purchasing goods and services. The borrower is billed for the amount that is actually borrowed plus any interest due.

Michael petruccelli asks; What is a replacement reserve fund?

Michael Petruccelli says; A fund set aside for replacement of common property in a condominium, PUD, or cooperative project -- particularly that which has a short life expectancy, such as carpeting, furniture, etc.

Michael petruccelli asks; What is a repayment plan?

Michael Petruccelli says; An arrangement made to repay delinquent installments or advances.

Michael Petruccelli asks; What is right of survivorship?

Michael Petruccelli says; In joint tenancy, the right of survivors to acquire the interest of a deceased joint tenant.