Sentences with phrase «adjust on a yearly basis»

ARMs are structured to have a period of fixed interest, but after that agreed - upon period, the rates begin to adjust on a yearly basis.

In order to make the package interesting to the borrowers, most lenders will give you a fixed rate for the first two years and then adjust it on a yearly basis.

Not exact matches

Cost - cutting has been one of the main policies to overcome such difficult times.The bank has lowered adjusted costs by 5 percent on a yearly basis.

Periodically adjusting the yearly withdrawal rate based on the short - term performance of the market and the effects of inflation on fixed expenses.

Oh, and no, they don't restructure your loan payment yearly... You have to send in a certification yearly based on your tax return and the government adjusts your payment to always be 10 to 15 % of your discretionary income.

More importantly, the TFB has a good track record of not raising rates on a yearly basis to adjust their pricing, meaning you will have a more stable premium so long as your lifestyle remains relatively the same.

They also used my gross yearly income to base their calculations on, insisting that «nobody» adjusts for taxes taken out, which is garbage.

With IBR, your payments adjust yearly based on your income — you have to re-certify your income each year (that's why it's called income - based repayment).

You need to look at what you expect your yearly expenses to be (in inflation - adjusted dollars based on your retirement date), then figure out how long you plan on living.

In a universal life policy, the interest is adjusted monthly allowing for faster growth of the cash value account; whereas, in a whole life policy the interest is calculated on a yearly basis and the cash value is slower to see increases because of this.