The 3-seasons period doesn’t come with people months when the brand new borrower gets a financial hardship deferment

The 3-seasons period doesn’t come with people months when the brand new borrower gets a financial hardship deferment

(B) New modified monthly payment for every borrower because of the multiplying the latest calculated percentage because of the payment computed for the paragraph (b)(1)(ii)(A) regarding the part; and you will

(C) When your borrower’s finance are held by numerous owners, the fresh borrower’s modified monthly payment by the multiplying this new commission calculated within the part (b)(1)(ii)(B) for the part because of the percentage of the total outstanding principal number of the newest borrower’s eligible financing which can be held of the financing proprietor;

Into the an integration Financing one repays fund on what brand new Secretary have paid down accrued attention lower than this area, the three-year months includes the period in which this new Secretary paid back accumulated focus toward underlying fund

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(iii) This new determined amount lower than part (b)(1), (b)(1)(i), or (b)(1)(ii) from the area is actually less than $5.00, in which case this new borrower’s monthly payment try $0.00; otherwise

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