source:
  type: regulation
  id: reg-z-1026.18
  authority: 12 CFR §1026.18 — Content of disclosures (Regulation Z, Subpart C — Closed-End Credit)
  description: 'Regulation Z §1026.18 enumerates the content of closed-end credit

    disclosures the creditor must make for transactions OTHER than the

    real-property / cooperative-unit closed-end mortgages that are

    subject to §1026.19(e) and (f). For TRID mortgages, see §§1026.37

    (Loan Estimate) and 1026.38 (Closing Disclosure).

    '
obligations:
- id: reg-z-1026.18-full
  canonical_id: reg-z-1026.18-full
  section: 12 CFR §1026.18
  description: 'For each transaction other than a mortgage transaction subject to § 1026.19(e) and (f)
    , the creditor shall disclose the following information as applicable:'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: 'For each transaction other than a mortgage transaction subject to § 1026.19(e) and
      (f) , the creditor shall disclose the following information as applicable:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-a
  canonical_id: reg-z-1026.18-a
  section: 12 CFR §1026.18(a)
  description: '(a): (a) Creditor. The identity of the creditor making the disclosures.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (a) Creditor. The identity of the creditor making the disclosures.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-b
  canonical_id: reg-z-1026.18-b
  section: 12 CFR §1026.18(b)
  description: '(b): (b) Amount financed. The amount financed, using that term, and a brief description
    such as the amount of credit provided to you or on your behalf. The amount financed is calculated
    by: (1) Determining the principal loan amount or the cash price (subtracting any downpayment); (2)
    Adding any other amo…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(b) Amount financed. The amount financed, using that term, and a brief description
      such as the amount of credit provided to you or on your behalf. The amount financed is calculated
      by: (1) Determining the principal loan amount or the cash price (subtracting any downpayment); (2)
      Adding any other amounts that are financed by the creditor and are not part of the finance charge;
      and (3) Subtracting any prepaid finance charge.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-c
  canonical_id: reg-z-1026.18-c
  section: 12 CFR §1026.18(c)
  description: '(c): (c) Itemization of amount financed. (1) Except as provided in paragraphs (c)(2) and
    (c)(3) of this section, a separate written itemization of the amount financed, including:'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(c) Itemization of amount financed. (1) Except as provided in paragraphs (c)(2)
      and (c)(3) of this section, a separate written itemization of the amount financed, including:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) The amount of any proceeds distributed directly to the consumer . (ii) The amount
    credited to the consumer ''s account with the creditor. (iii) Any amounts paid to other persons by
    the creditor on the consumer ''s behalf. The creditor shall identify those persons. The following
    payees may be descr…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(i) The amount of any proceeds distributed directly to the consumer . (ii) The amount
      credited to the consumer ''s account with the creditor. (iii) Any amounts paid to other persons
      by the creditor on the consumer ''s behalf. The creditor shall identify those persons. The following
      payees may be described using generic or other general terms and need not be further identified:
      public officials or government agencies, credit reporting agencies, appraisers, and insurance companies.
      (iv) The prepaid finance charge. (2) The creditor need not comply with paragraph (c)(1) of this
      section if the creditor provides a statement that the consumer has the right to receive a written
      itemization of the amount financed, together with a space for the consumer to indicate whether it
      is desired, and the consumer does not request it. (3) Good faith estimates of settlement costs provided
      for transactions subject to the Real Estate Settlement Procedures Act ( 12 U.S.C. 2601 et seq. )
      may be substituted for the disclosures required by paragraph (c)(1) of this section.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-d
  canonical_id: reg-z-1026.18-d
  section: 12 CFR §1026.18(d)
  description: '(d): (d) Finance charge. The finance charge, using that term, and a brief description
    such as “the dollar amount the credit will cost you.” (1) Mortgage loans. In a transaction secured
    by real property or a dwelling , the disclosed finance charge and other disclosures affected by the
    disclosed finance ch…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(d) Finance charge. The finance charge, using that term, and a brief description
      such as “the dollar amount the credit will cost you.” (1) Mortgage loans. In a transaction secured
      by real property or a dwelling , the disclosed finance charge and other disclosures affected by
      the disclosed finance charge (including the amount financed and the annual percentage rate) shall
      be treated as accurate if the amount disclosed as the finance charge:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) Is understated by no more than $100; or (ii) Is greater than the amount required
    to be disclosed. (2) Other credit. In any other transaction, the amount disclosed as the finance charge
    shall be treated as accurate if, in a transaction involving an amount financed of $1,000 or less,
    it is not mor…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (i) Is understated by no more than $100; or (ii) Is greater than the amount required
      to be disclosed. (2) Other credit. In any other transaction, the amount disclosed as the finance
      charge shall be treated as accurate if, in a transaction involving an amount financed of $1,000
      or less, it is not more than $5 above or below the amount required to be disclosed; or, in a transaction
      involving an amount financed of more than $1,000, it is not more than $10 above or below the amount
      required to be disclosed.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-e
  canonical_id: reg-z-1026.18-e
  section: 12 CFR §1026.18(e)
  description: '(e): (e) Annual percentage rate. The annual percentage rate, using that term, and a brief
    description such as “the cost of your credit as a yearly rate.” For any transaction involving a finance
    charge of $5 or less on an amount financed of $75 or less, or a finance charge of $7.50 or less on
    an amount fi…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (e) Annual percentage rate. The annual percentage rate, using that term, and a brief
      description such as “the cost of your credit as a yearly rate.” For any transaction involving a
      finance charge of $5 or less on an amount financed of $75 or less, or a finance charge of $7.50
      or less on an amount financed of more than $75, the creditor need not disclose the annual percentage
      rate.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-f
  canonical_id: reg-z-1026.18-f
  section: 12 CFR §1026.18(f)
  description: '(f): (f) Variable rate. (1) Except as provided in paragraph (f)(3) of this section, if
    the annual percentage rate may increase after consummation in a transaction not secured by the consumer
    ''s principal dwelling or in a transaction secured by the consumer ''s principal dwelling with a term
    of one year or…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(f) Variable rate. (1) Except as provided in paragraph (f)(3) of this section, if
      the annual percentage rate may increase after consummation in a transaction not secured by the consumer
      ''s principal dwelling or in a transaction secured by the consumer ''s principal dwelling with a
      term of one year or less, the following disclosures:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) The circumstances under which the rate may increase. (ii) Any limitations on
    the increase. (iii) The effect of an increase. (iv) An example of the payment terms that would result
    from an increase. (2) If the annual percentage rate may increase after consummation in a transaction
    secured by the c…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(i) The circumstances under which the rate may increase. (ii) Any limitations on
      the increase. (iii) The effect of an increase. (iv) An example of the payment terms that would result
      from an increase. (2) If the annual percentage rate may increase after consummation in a transaction
      secured by the consumer ''s principal dwelling with a term greater than one year, the following
      disclosures:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) The fact that the transaction contains a variable-rate feature. (ii) A statement
    that variable-rate disclosures have been provided earlier. (3) Information provided in accordance
    with §§ 1026.18(f)(2) and 1026.19(b) may be substituted for the disclosures required by paragraph
    (f)(1) of this sect…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (i) The fact that the transaction contains a variable-rate feature. (ii) A statement
      that variable-rate disclosures have been provided earlier. (3) Information provided in accordance
      with §§ 1026.18(f)(2) and 1026.19(b) may be substituted for the disclosures required by paragraph
      (f)(1) of this section.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-g
  canonical_id: reg-z-1026.18-g
  section: 12 CFR §1026.18(g)
  description: '(g): (g) Payment schedule. Other than for a transaction that is subject to paragraph (s)
    of this section, the number, amounts, and timing of payments scheduled to repay the obligation . (1)
    In a demand obligation with no alternate maturity date, the creditor may comply with this paragraph
    by disclosing t…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(g) Payment schedule. Other than for a transaction that is subject to paragraph
      (s) of this section, the number, amounts, and timing of payments scheduled to repay the obligation
      . (1) In a demand obligation with no alternate maturity date, the creditor may comply with this
      paragraph by disclosing the due dates or payment periods of any scheduled interest payments for
      the first year. (2) In a transaction in which a series of payments varies because a finance charge
      is applied to the unpaid principal balance, the creditor may comply with this paragraph by disclosing
      the following information:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) The dollar amounts of the largest and smallest payments in the series. (ii) A
    reference to the variations in the other payments in the series.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (i) The dollar amounts of the largest and smallest payments in the series. (ii) A
      reference to the variations in the other payments in the series.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-h
  canonical_id: reg-z-1026.18-h
  section: 12 CFR §1026.18(h)
  description: '(h): (h) Total of payments. The total of payments, using that term, and a descriptive
    explanation such as “the amount you will have paid when you have made all scheduled payments.” In
    any transaction involving a single payment, the creditor need not disclose the total of payments.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (h) Total of payments. The total of payments, using that term, and a descriptive
      explanation such as “the amount you will have paid when you have made all scheduled payments.” In
      any transaction involving a single payment, the creditor need not disclose the total of payments.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) Demand feature. If the obligation has a demand feature, that fact shall be disclosed.
    When the disclosures are based on an assumed maturity of 1 year as provided in § 1026.17(c)(5) , that
    fact shall also be disclosed.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (i) Demand feature. If the obligation has a demand feature, that fact shall be disclosed.
      When the disclosures are based on an assumed maturity of 1 year as provided in § 1026.17(c)(5) ,
      that fact shall also be disclosed.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-j
  canonical_id: reg-z-1026.18-j
  section: 12 CFR §1026.18(j)
  description: '(j): (j) Total sale price. In a credit sale , the total sale price, using that term, and
    a descriptive explanation (including the amount of any downpayment) such as “the total price of your
    purchase on credit, including your downpayment of $____.” The total sale price is the sum of the cash
    price , the i…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (j) Total sale price. In a credit sale , the total sale price, using that term, and
      a descriptive explanation (including the amount of any downpayment) such as “the total price of
      your purchase on credit, including your downpayment of $____.” The total sale price is the sum of
      the cash price , the items described in paragraph (b)(2), and the finance charge disclosed under
      paragraph (d) of this section.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-k
  canonical_id: reg-z-1026.18-k
  section: 12 CFR §1026.18(k)
  description: '(k): (k) Prepayment. (1) When an obligation includes a finance charge computed from time
    to time by application of a rate to the unpaid principal balance, a statement indicating whether or
    not a charge may be imposed for paying all or part of a loan''s principal balance before the date
    on which the princi…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (k) Prepayment. (1) When an obligation includes a finance charge computed from time
      to time by application of a rate to the unpaid principal balance, a statement indicating whether
      or not a charge may be imposed for paying all or part of a loan's principal balance before the date
      on which the principal is due. (2) When an obligation includes a finance charge other than the finance
      charge described in paragraph (k)(1) of this section, a statement indicating whether or not the
      consumer is entitled to a rebate of any finance charge if the obligation is prepaid in full or in
      part.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-l
  canonical_id: reg-z-1026.18-l
  section: 12 CFR §1026.18(l)
  description: '(l): (l) Late payment. Any dollar or percentage charge that may be imposed before maturity
    due to a late payment, other than a deferral or extension charge.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (l) Late payment. Any dollar or percentage charge that may be imposed before maturity
      due to a late payment, other than a deferral or extension charge.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-m
  canonical_id: reg-z-1026.18-m
  section: 12 CFR §1026.18(m)
  description: '(m): (m) Security interest. The fact that the creditor has or will acquire a security
    interest in the property purchased as part of the transaction, or in other property identified by
    item or type.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (m) Security interest. The fact that the creditor has or will acquire a security
      interest in the property purchased as part of the transaction, or in other property identified by
      item or type.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-n
  canonical_id: reg-z-1026.18-n
  section: 12 CFR §1026.18(n)
  description: '(n): (n) Insurance and debt cancellation. The items required by § 1026.4(d) in order to
    exclude certain insurance premiums and debt cancellation fees from the finance charge.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (n) Insurance and debt cancellation. The items required by § 1026.4(d) in order to
      exclude certain insurance premiums and debt cancellation fees from the finance charge.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-o
  canonical_id: reg-z-1026.18-o
  section: 12 CFR §1026.18(o)
  description: '(o): (o) Certain security interest charges. The disclosures required by § 1026.4(e) in
    order to exclude from the finance charge certain fees prescribed by law or certain premiums for insurance
    in lieu of perfecting a security interest .'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (o) Certain security interest charges. The disclosures required by § 1026.4(e) in
      order to exclude from the finance charge certain fees prescribed by law or certain premiums for
      insurance in lieu of perfecting a security interest .
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-p
  canonical_id: reg-z-1026.18-p
  section: 12 CFR §1026.18(p)
  description: '(p): (p) Contract reference. A statement that the consumer should refer to the appropriate
    contract document for information about nonpayment, default, the right to accelerate the maturity
    of the obligation , and prepayment rebates and penalties. At the creditor''s option, the statement
    may also include a…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (p) Contract reference. A statement that the consumer should refer to the appropriate
      contract document for information about nonpayment, default, the right to accelerate the maturity
      of the obligation , and prepayment rebates and penalties. At the creditor's option, the statement
      may also include a reference to the contract for further information about security interests and,
      in a residential mortgage transaction, about the creditor's policy regarding assumption of the obligation
      .
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-q
  canonical_id: reg-z-1026.18-q
  section: 12 CFR §1026.18(q)
  description: '(q): (q) Assumption policy. In a residential mortgage transaction, a statement whether
    or not a subsequent purchaser of the dwelling from the consumer may be permitted to assume the remaining
    obligation on its original terms.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (q) Assumption policy. In a residential mortgage transaction, a statement whether
      or not a subsequent purchaser of the dwelling from the consumer may be permitted to assume the remaining
      obligation on its original terms.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-r
  canonical_id: reg-z-1026.18-r
  section: 12 CFR §1026.18(r)
  description: '(r): (r) Required deposit. If the creditor requires the consumer to maintain a deposit
    as a condition of the specific transaction, a statement that the annual percentage rate does not reflect
    the effect of the required deposit. A required deposit need not include, for example: (1) An escrow
    account for i…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(r) Required deposit. If the creditor requires the consumer to maintain a deposit
      as a condition of the specific transaction, a statement that the annual percentage rate does not
      reflect the effect of the required deposit. A required deposit need not include, for example: (1)
      An escrow account for items such as taxes, insurance or repairs; (2) A deposit that earns not less
      than 5 percent per year; or (3) Payments under a Morris Plan.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-s
  canonical_id: reg-z-1026.18-s
  section: 12 CFR §1026.18(s)
  description: '(s): (s) Interest rate and payment summary for mortgage transactions. For a closed-end
    transaction secured by real property or a dwelling , other than a transaction that is subject to §
    1026.19(e) and (f) , the creditor shall disclose the following information about the interest rate
    and payments: (1) Fo…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(s) Interest rate and payment summary for mortgage transactions. For a closed-end
      transaction secured by real property or a dwelling , other than a transaction that is subject to
      § 1026.19(e) and (f) , the creditor shall disclose the following information about the interest
      rate and payments: (1) Form of disclosures. The information in paragraphs (s)(2)-(4) of this section
      shall be in the form of a table, with no more than five columns, with headings and format substantially
      similar to Model Clause H-4(E), H-4(F), H-4(G), or H-4(H) in appendix H to this part. The table
      shall contain only the information required in paragraphs (s)(2)-(4) of this section, shall be placed
      in a prominent location, and shall be in a minimum 10-point font. (2) Interest rates —(i) Amortizing
      loans. (A) For a fixed-rate mortgage , the interest rate at consummation. (B) For an adjustable-rate
      or step-rate mortgage: (1) The interest rate at consummation and the period of time until the first
      interest rate adjustment may occur, labeled as the “introductory rate and monthly payment”; (2)
      The maximum interest rate that may apply during the first five years after the date on which the
      first regular periodic payment will be due and the earliest date on which that rate may apply, labeled
      as “maximum during first five years”; and (3) The maximum interest rate that may apply during the
      life of the loan and the earliest date on which that rate may apply, labeled as “maximum ever.”
      (C) If the loan provides for payment increases as described in paragraph (s)(3)(i)(B) of this section,
      the interest rate in effect at the time the first such payment increase is scheduled to occur and
      the date on which the increase will occur, labeled as “first adjustment” if the loan is an adjustable-rate
      mortgage or, otherwise, labeled as “first increase.” (ii) Negative amortization loans. For a negative
      amortization loan: (A) The interest rate at consummation and, if it will adjust after consummation,
      the length of time until it will adjust, and the label “introductory” or “intro”; (B) The maximum
      interest rate that could apply when the consumer must begin making fully amortizing payments under
      the terms of the legal obligation ; (C) If the minimum required payment will increase before the
      consumer must begin making fully amortizing payments, the maximum interest rate that could apply
      at the time of the first payment increase and the date the increase is scheduled to occur; and(D)
      If a second increase in the minimum required payment may occur before the consumer must begin making
      fully amortizing payments, the maximum interest rate that could apply at the time of the second
      payment increase and the date the increase is scheduled to occur. (iii) Introductory rate disclosure
      for amortizing adjustable-rate mortgages. For an amortizing adjustable-rate mortgage , if the interest
      rate at consummation is less than the fully-indexed rate, placed in a box directly beneath the table
      required by paragraph (s)(1) of this section, in a format substantially similar to Model Clause
      H-4(I) in appendix H to this part: (A) The interest rate that applies at consummation and the period
      of time for which it applies; (B) A statement that, even if market rates do not change, the interest
      rate will increase at the first adjustment and a designation of the place in sequence of the month
      or year, as applicable, of such rate adjustment; and (C) The fully-indexed rate. (3) Payments for
      amortizing loans —(i) Principal and interest payments. If all periodic payments will be applied
      to accrued interest and principal, for each interest rate disclosed under paragraph (s)(2)(i) of
      this section: (A) The corresponding periodic principal and interest payment, labeled as “principal
      and interest;” (B) If the periodic payment may increase without regard to an interest rate adjustment,
      the payment that corresponds to the first such increase and the earliest date on which the increase
      could occur; (C) If an escrow account will be established, an estimate of the amount of taxes and
      insurance, including any mortgage insurance or any functional equivalent, payable with each periodic
      payment; and (D) The sum of the amounts disclosed under paragraphs (s)(3)(i)(A) and (C) of this
      section or (s)(3)(i)(B) and (C) of this section, as applicable, labeled as “total estimated monthly
      payment.” (ii) Interest-only payments. If the loan is an interest-only loan, for each interest rate
      disclosed under paragraph (s)(2)(i) of this section, the corresponding periodic payment and: (A)
      If the payment will be applied to only accrued interest, the amount applied to interest, labeled
      as “interest payment,” and a statement that none of the payment is being applied to principal; (B)
      If the payment will be applied to accrued interest and principal, an itemization of the amount of
      the first such payment applied to accrued interest and to principal, labeled as “interest payment”
      and “principal payment,” respectively; (C) The escrow information described in paragraph (s)(3)(i)(C)
      of this section; and (D) The sum of all amounts required to be disclosed under paragraphs (s)(3)(ii)(A)
      and (C) of this section or (s)(3)(ii)(B) and (C) of this section, as applicable, labeled as “total
      estimated monthly payment.” (4) Payments for negative amortization loans. For negative amortization
      loans:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) (A) The minimum periodic payment required until the first payment increase or
    interest rate increase, corresponding to the interest rate disclosed under paragraph (s)(2)(ii)(A)
    of this section; (B) The minimum periodic payment that would be due at the first payment increase
    and the second, if an…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (i) (A) The minimum periodic payment required until the first payment increase or
      interest rate increase, corresponding to the interest rate disclosed under paragraph (s)(2)(ii)(A)
      of this section; (B) The minimum periodic payment that would be due at the first payment increase
      and the second, if any, corresponding to the interest rates described in paragraphs (s)(2)(ii)(C)
      and (D) of this section; and (C) A statement that the minimum payment pays only some interest, does
      not repay any principal, and will cause the loan amount to increase; (ii) The fully amortizing periodic
      payment amount at the earliest time when such a payment must be made, corresponding to the interest
      rate disclosed under paragraph (s)(2)(ii)(B) of this section; and (iii) If applicable, in addition
      to the payments in paragraphs (s)(4)(i) and (ii) of this section, for each interest rate disclosed
      under paragraph (s)(2)(ii) of this section, the amount of the fully amortizing periodic payment,
      labeled as the “full payment option,” and a statement that these payments pay all principal and
      all accrued interest. (5) Balloon payments.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) Except as provided in paragraph (s)(5)(ii) of this section, if the transaction
    will require a balloon payment, defined as a payment that is more than two times a regular periodic
    payment, the balloon payment shall be disclosed separately from other periodic payments disclosed
    in the table under …'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(i) Except as provided in paragraph (s)(5)(ii) of this section, if the transaction
      will require a balloon payment, defined as a payment that is more than two times a regular periodic
      payment, the balloon payment shall be disclosed separately from other periodic payments disclosed
      in the table under this paragraph (s), outside the table and in a manner substantially similar to
      Model Clause H-4(J) in appendix H to this part. (ii) If the balloon payment is scheduled to occur
      at the same time as another payment required to be disclosed in the table pursuant to paragraph
      (s)(3) or (s)(4) of this section, then the balloon payment must be disclosed in the table. (6) Special
      disclosures for loans with negative amortization. For a negative amortization loan, the following
      information, in close proximity to the table required in paragraph (s)(1) of this section, with
      headings, content, and format substantially similar to Model Clause H-4(G) in appendix H to this
      part:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) The maximum interest rate, the shortest period of time in which such interest
    rate could be reached, the amount of estimated taxes and insurance included in each payment disclosed,
    and a statement that the loan offers payment options, two of which are shown. (ii) The dollar amount
    of the increas…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: '(i) The maximum interest rate, the shortest period of time in which such interest
      rate could be reached, the amount of estimated taxes and insurance included in each payment disclosed,
      and a statement that the loan offers payment options, two of which are shown. (ii) The dollar amount
      of the increase in the loan''s principal balance if the consumer makes only the minimum required
      payments for the maximum possible time and the earliest date on which the consumer must begin making
      fully amortizing payments, assuming that the maximum interest rate is reached at the earliest possible
      time. (7) Definitions. For purposes of this § 1026.18(s) :'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-i
  canonical_id: reg-z-1026.18-i
  section: 12 CFR §1026.18(i)
  description: '(i): (i) The term “adjustable-rate mortgage” means a transaction secured by real property
    or a dwelling for which the annual percentage rate may increase after consummation. (ii) The term
    “step-rate mortgage” means a transaction secured by real property or a dwelling for which the interest
    rate will chan…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (i) The term “adjustable-rate mortgage” means a transaction secured by real property
      or a dwelling for which the annual percentage rate may increase after consummation. (ii) The term
      “step-rate mortgage” means a transaction secured by real property or a dwelling for which the interest
      rate will change after consummation, and the rates that will apply and the periods for which they
      will apply are known at consummation. (iii) The term “fixed-rate mortgage” means a transaction secured
      by real property or a dwelling that is not an adjustable-rate mortgage or a step-rate mortgage .
      (iv) The term “interest-only” means that, under the terms of the legal obligation , one or more
      of the periodic payments may be applied solely to accrued interest and not to loan principal; an
      “interest-only loan” is a loan that permits interest-only payments.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-v
  canonical_id: reg-z-1026.18-v
  section: 12 CFR §1026.18(v)
  description: '(v): (v) The term “amortizing loan” means a loan in which payment of the periodic payments
    does not result in an increase in the principal balance under the terms of the legal obligation ;
    the term “negative amortization” means payment of periodic payments that will result in an increase
    in the principal…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (v) The term “amortizing loan” means a loan in which payment of the periodic payments
      does not result in an increase in the principal balance under the terms of the legal obligation
      ; the term “negative amortization” means payment of periodic payments that will result in an increase
      in the principal balance under the terms of the legal obligation ; the term “negative amortization
      loan” means a loan, other than a reverse mortgage subject to § 1026.33 , that provides for a minimum
      periodic payment that covers only a portion of the accrued interest, resulting in negative amortization.
      (vi) The term “fully-indexed rate” means the interest rate calculated using the index value and
      margin at the time of consummation.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.18-t
  canonical_id: reg-z-1026.18-t
  section: 12 CFR §1026.18(t)
  description: '(t): (t) “ No-guarantee-to-refinance” statement —(1) Disclosure. For a closed-end transaction
    secured by real property or a dwelling , other than a transaction that is subject to § 1026.19(e)
    and (f) , the creditor shall disclose a statement that there is no guarantee the consumer can refinance
    the trans…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.18
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.18
    snapshot_id: e2a33147e535799f
    fetched_at: '2026-05-22T11:32:31Z'
    content_hash: sha256:8f14223f444306b195fb5497b0a8964ebd12a610fbd784004933b74ed7944dc3
    paragraph_quote: (t) “ No-guarantee-to-refinance” statement —(1) Disclosure. For a closed-end transaction
      secured by real property or a dwelling , other than a transaction that is subject to § 1026.19(e)
      and (f) , the creditor shall disclose a statement that there is no guarantee the consumer can refinance
      the transaction to lower the interest rate or periodic payments. (2) Format. The statement required
      by paragraph (t)(1) of this section must be in a form substantially similar to Model Clause H-4(K)
      in appendix H to this part. [ 76 FR 79772 , Dec. 22, 2011, as amended at 78 FR 80108 , Dec. 31,
      2013] CFR Toolbox Law about... Articles from Wex Table of Popular Names Parallel Table of Authorities
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    drafter_attestation: Verbatim subsection of 12 CFR §1026.18 from Cornell LII snapshot e2a33147e535799f;
      body isolated between nav and notes; substring-verified.
  judgment: false
