Sentences with phrase «added monthly expense»

But once again, when you use the line of credit, you are also adding a monthly expense to your budget.

However, despite this standardization, missions can still be a hefty added monthly expense.

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.

PMI is an added monthly expense required for conventional loans and FHA loans where the borrower finances more than 80 % of the home's value to offset the lenders risk.

PMI is an added monthly expense required for conventional and FHA loans where the borrower finances more than 80 % of the home's value.

PMI is an added monthly expense required for conventional loans where the borrower finances more than 80 % of the home's value.

While your knee - jerk reaction might be to avoid PMI no matter what, it does make sense sometimes to take on this added monthly expense.

Because the loan is backed by the government, banks do not require PMI (private mortgage insurance), an added monthly expense required for conventional loans where the borrower finances more than 80 % of the home's value.

Because VA Loans are backed by the federal government, lenders do not require PMI (private mortgage insurance) which is an added monthly expense.

PMI is an added monthly expense required for conventional loans and FHA loans where the borrower finances more than 80 % of the home's value.