Sentences with «amount of interest someone pay over the life of the loan»
The shorter - term loan may be a good option for borrowers who are most concerned with long - term wealth and the total amount of interest paid over the life of the loan. (homebuyinginstitute.com)
Let's look at the difference between a 15 - year and 30 - year mortgage loan, in terms of the total amount of interest paid over the life of the loan. (homebuyinginstitute.com)
This increases (A) the size of their monthly payments, and (B) the total of amount of interest they pay over the life of the loan. (homebuyinginstitute.com)