Sentences with phrase «absorb higher monthly payments»

Borrowers should feel confident in their ability to absorb higher monthly payments in the event of a temporary loss of work or other financial hardships.

For most, they'll have no choice but to absorb the higher monthly payment or look at a less expensive vehicle.

One way to absorb a higher monthly payment is to cut your spending in other areas of your life.

«Forget about adjustable rates altogether unless you have sufficient financial stability that you could absorb a higher monthly payment if your timetable doesn't pan out,» McBride said.