Sentences with phrase «charged over the course of the loan»

For this new loan, your new payments would be $ 341.75 (versus $ 469.70 originally) and you would save over $ 500 in interest charges over the course of your loan!

Fees charged — fees charged for this type of loans are state regulated but as a borrower, you still have to pay attention to additional fees charged over the course of the loan as this varies between lenders.

Not exact matches

The graph below (Figure 1) illustrates how your finance charge would accumulate over the course of your original loan if you were to keep it and your new loan if you refinance.

As you know, we do charge for our services over the same course of time it takes for us to get your loans / paperwork processed for you, but we are not a scam.

Even though your prepaid finance charges are included in your loan principal and so are indeed «prepaid,» you still pay for those fees with your car payments over the course of your loan, making the prepaid charges more like interest charges.

When you make unscheduled payments, you are engaging in an accelerated car loan payoff which will reduce the total amount of interest charges you pay over the course of your loan and may help you pay back your loan faster than originally planned.

Still you should consider the effect the extra 12 months will have on the interest charges you pay over the course of the loan.

These charges are almost always bundled into your principal (i.e. the amount you borrow), meaning that you borrow the money for these charges and you pay them back over the course of your loan just like your «amount financed,» or the amount you borrow to make your purchase (s).

Or you will be charged a high interest rate, which could translate into thousands of dollars more over the course of the loan.

So, the longer your term and the less you pay per month, the more your total interest charges will be over the course of your car loan (for the same interest rate).

However, generally speaking, the longer your car loan term length, the more interest charge you will pay in total over the course of your loan.

However, an unsecured loan for the amount to purchase the same washing machine might have been repaid over the course of two years or less, with much reduced interest charges.

A loan charging around 5 % interest is not out of the ordinary, and this would mean that a debt worth # 4,000 paid off over the course of three years would cost you around # 315.

Using interest - rate projections from the nonpartisan Congressional Budget Office, TICAS estimates that, without subsidized loans, currently eligible students would end up paying 16 percent more due to accrued interest charges and add $ 23.4 billion in costs to students over the course of 10 years.