• Initial Deposit Calculator
• Initial Deposit Amount
• What Does Initial Deposit Mean
• Initial Deposit Calculator

Application Fee and Initial Deposit

Interest: 3.90% Minimum initial deposit: P100,000. Terms: 30, 60, 90, 180, 360 days, 2. 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. 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!

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 Cancellation Schedule (Prior To Occupancy)

Contract Term

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.

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.

Initial Deposit Calculator

Calculate how your savings can grow: The Deposit Interest Calculator computes initial deposit, interest rate, maturity or final amount – with or without consideration of compound interest.

1 - Select the item you'd like to solve for.
2 - Fill out the white input boxes.
3 - Click on 'Calculate'.

Initial Deposit Amount

What Does Initial Deposit Mean

Initial Deposit Calculator

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.

The Deposit Interest Calculator allows calculation with or without compound interest. In case of compound interest the interest is added to the capital, otherwise interest is payed off and your deposit at the beginning of each year is always the same.