N.H. Admin. Code § Env-Wq 507.13 - Loan Amortization

(a) Loan repayment shall be made according to a fixed amortization schedule based on:

(1) The final project cost;

(2) The repayment period selected by the loan recipient; and

(3) The interest rate established in the supplemental

(b) Loan amortization shall be made on a semi-annual or annual basis with either level debt service, or level payments of principal plus interest according to RSA 33:2, at the option of the loan recipient, over the repayment period selected by the loan recipient.

Notes

N.H. Admin. Code § Env-Wq 507.13

Derived From Volume XXXV Number 49, Filed December 10, 2015, Proposed by #10984, Effective 12/1/2015, Expires12/1/2025. Amended by Number 2, Filed January 12, 2023, Proposed by #13511, Effective 12/20/2022, Expires 12/20/2032 (formerly Env-Wq 507.12).