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The most common live loads are moving, roof, and snow loads.
Gross Monthly Income
The total personal income earned per month before any deductions like taxes or social security contributions.
Compounded Semi-annually
Interest calculation method where interest is computed on the principal and also on the interest from previous six-month periods, applied twice a year.
Amortized
The process of paying off a debt over time in regular installments of interest and principal sufficient to repay the loan in full by its maturity date.
Compounded Semi-annually
A technique used to compute interest in which the interest is compounded semi-annually by being added to the principal sum two times within the year.
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