Regulations last checked for updates: Feb 22, 2025

Title 24 - Housing and Urban Development last revised: Feb 11, 2025
§ 1005.453 - Amortization provisions.

The loan must contain complete Amortization provisions satisfactory to HUD, requiring payments due on the first day of each month by the Borrower. The sum of the principal and interest payments in each month shall be substantially the same.

source: 89 FR 20056, Mar. 20, 2024; 89 FR 22084, Mar. 29, 2024, unless otherwise noted.
cite as: 24 CFR 1005.453