Sentences with «to increase over the life of the loan»
A lifetime cap limits the interest rate increase over the life of the loan. (mortgage-x.com)
Monthly payments go down, but the overall cost of borrowing increases over the life of the loan. (lendedu.com)
If you're unlucky and choose a variable rate loan, you could get your loan at an all - time low, and rates will steadily increase over the life of the loan. (mybanktracker.com)