But once again, when you use the line of credit, you are also adding a monthly expense to your budget. (reversemortgage.org)
However, despite this standardization, missions can still be a hefty added monthly expense. (dfcu.com)
Lenders consider mortgages to be riskier if the borrower's down payment is smaller, with conventional loans requiring at least 20 % down to avoid the added monthly expense of private mortgage insurance. (valuepenguin.com)