Your assets will be safe and you'll make
affordable payments toward your debts over time.
Not exact matches
If your student loan accounts are in good standing and the
payment is
affordable, continue regular
payments and put your extra funds
toward the down
payment and closing costs.
A 1986 agreement involving the state, City Hall and the city controller guaranteed that the hefty surplus generated from ground leases and
payments in lieu of taxes would go
toward affordable housing and other capital needs in the city.
In our affordability calculator, we figure out what a reasonably
affordable price for a home would be, based on your gross annual income before taxes, the down
payment you plan to put
toward your home purchase, your monthly expenses, and the mortgage rate you might be eligible for.
The Bank of America program employs principal reduction as the first step
toward reaching HAMP's
affordable payment target of 31 percent of household income when modifying certain NHRP - eligible mortgages — ahead of lowering the interest rate and extending the term.
The loan servicing industry's longstanding failures came into sharp focus three years ago when an analysis of consumer complaints by the federal Consumer Financial Protection Bureau found that some companies were pushing struggling borrowers
toward default — which essentially ruins their financial lives — by giving them misinformation, by making it difficult for them to refinance their loans and pay lower rates, and by withholding information about
affordable payment plans.
It is expected that you will work
toward improving your financial situation during that time or, if your loans are eligible, you will consolidate them into one
affordable payment.
If your student loan accounts are in good standing and the
payment is
affordable, continue regular
payments and put your extra funds
toward the down
payment and closing costs.