Phrases with «interest payments over the life of the loan»
The phrase "interest payments over the life of the loan" refers to the total amount of interest that will be paid on a loan from beginning to end, including any accumulated interest. Full definition
Sentences with «interest payments over the life of the loan»
For example, a 15 - year fixed rate mortgage can save you many thousands of dollars in interest payments over the life of the loan, but your monthly payments will be higher. (resourcelenders.com)
Look at the term of each loan and the total interest payments over the life of the loan, not just your monthly payment. (hoyes.com)
An attractive aspect of debt financing is current income generated through interest payments over the life of the loan. (microventures.com)