While the fixed interest rate counterpart will be initially more
expensive than an ARM, the long term stability is often more promising than the possibility of future rate drops.
However, a fixed - rate mortgage will initially be more
expensive than an ARM, as fixed interest rates are almost always higher.
Not exact matches
EEG is less invasive and less
expensive than the implanted electrodes, which have previously been used to control robotic
arms and computer cursors by thought alone, he says.
The best you're going to do there is Luna, a human - size «robot» that will soon be widely available from a company called RoboDynamics in Santa Monica, California, for $ 3,000 — incredibly cheap for a humanoid, but incredibly
expensive for a device that can't do much more
than try not to bump into furniture and senior citizens as it desultorily wheels itself around your home, toting a tray of drinks you've carefully placed on its precarious, pipe - like «
arms.»
Platforms that run Windows 8 will be more complex and more
expensive than what we see in the
ARM - based tablet world.
And locking in today's near - rock - bottom 15 - year rates will almost certainly be less
expensive than carrying an
ARM long - term, even though the
ARM is cheaper now.
Moreover, your
ARM could be less
expensive over a long period
than a fixed - rate mortgage — for example, if interest rates remain steady or move lower.
ARM processors are not designed for high power tasks (high end gaming), so stacking enough of them on the board is not only very
expensive (processor costs are tied to how many you can make at once, so making a 4 core processor is way cheaper
than making 4 singles), and they'd have to stack 2 or 3 of them on the board, which also introduces design headaches and scalability (reducing the cost of making the machine in the future) issues.
FRM pros and cons: + Peace of mind that your interest rate stays locked in over the life of the loan + Monthly mortgage payments remain the same - If rates fall, you'll be stuck with your original APR unless you refinance your loan - Fixed rates tend to be higher
than adjustable rates for the convenience of having an APR that won't change
ARM pros and cons: + APRs on many
ARMs may be lower compared to fixed - rate home loans, at least at first + A wide variety of adjustable rate loans are available — for instance, a 3/1
ARM has a fixed rate for the first 36 months, adjustable thereafter; a 5/1
ARM, fixed for 60 months, adjustable afterwards; a 7/1
ARM, fixed for 84 months, adjustable after - While your interest rate could drop depending on interest rate conditions, it could rise, too, making monthly loan payments more
expensive than hoped How is your APR determined?
Yes, at $ 1449 it's more
expensive than these Windows on
ARM devices, but it runs a speedy Intel processor and will be a much more capable machine.
If you expect to move or refinance within the 7 - year fixed period, an
ARM can be much less
expensive choice
than a 30 - year fixed mortgage.