__________________________________________________________________________________________. AL Spirit Shop. 1. Place your order at ALSPIRIT.com by MONDAY, OCTOBER 19th. 2. Get 10% off â and NO SHIPPING! 3. In stock items will be shipped to school and distributed by Friday, October 23 th. 4.
Per diem interest is calculated and paid at loan closings. It is the pro-rated amount of interest due for remaining days in a month. For example, if a mortgage closes on July 29, per diem interest is calculated for July 29, 30 and 31.er diem interest is calculated and paid at loan closings. It is the pro-rated amount of interest due for remaining days in a month. For example, if a mortgage closes on July 29, per diem interest is calculated for July 29, 30 and 31.
To keep things simple, the Internal Revenue Service (IRS) allows the use of per diem (Latin meaning âfor each dayâ) rates. Per diem rates are the equivalent of a fixed amount paid to employees to compensate for lodging, meals, and incidental expenses incurred when traveling on business rather than using actual expenses. These rates are also used for federal income tax purposes.