Sentences with phrase «expensive than the interest rate»

These charges can be more expensive than the interest rate on your least favorite credit card!

These charges can be more expensive than the interest rate on your least favorite credit card!

Not exact matches

Equity loan: These are also less expensive than getting a cash - out refinance — often with lenders offering a free appraisal — and come with a fixed interest rate, unlike HELOCs.

With this budget, any mortgage larger than $ 120,000 will lead to more expensive monthly payments from higher interest rates and insurance premiums.

Factor rates can make short - term loans appear less expensive than a traditional interest rate would.

Their cost of capital is a function partly of low interest rates and part of the implicit share price is a function of the fact that investors have looked at equities for dividends rather than bonds for yield because the bond market is so expensive.

So, even though Lender A has the lowest interest rate advertised, Lender A's points, fees, and other prepaid finance charges actually make Lender A more expensive than Lender C, which is advertising a higher interest rate but lower points and fees than Lender A.

Personal loans tend to come with lower interest rates than credit cards and other expensive borrowing tools.

Doing this gives you great interest rates — lower than you'll typically find on a credit card or personal loan — and the interest paid is typically tax deductible, making it one of the least expensive ways to borrow.

Debt - free households purchased more expensive homes, put down a larger down payment, and paid a lower mortgage interest rate than indebted households as well.

Although it offers some strong options for students and seniors, US Bank's fees for overdrafts and wire transfers run on the high side, while its interest rates don't offer anything higher than savings account rates at less expensive banks.

Someone with excellent credit who can qualify for a low interest rate will be able to spend more for an expensive car than someone who has poor credit since the costs of financing will add significant expenses to their payments.

Your interest rates will be more expensive than usual because of the risk involved with such loans.

Otherwise, you can do it, you can get more than one loan on a single property, it's just that the second loan will be generally more expensive in the interest rate.

On the one hand, the money you can borrow on your home will probably be of a lower interest rate than most other forms of loans and this can help you to reduce your monthly repayments by using the house money for clearing more expensive debt.

While you might be able to get a lower interest rate than you would elsewhere, the range of interest rates they offer is quite broad and goes up to an expensive 34.99 %.

Higher interest rates than your traditional brick - and - mortars with no maintenance fees, thanks to the lack of expensive branch networks draining the banks» resources (and I say that as a branch banker, and thus one of the costs in question), make it a great place to park money that you aren't going to be using.

Because of the season and that there is a lot of competition among lenders, interest rates drop and fees are cut so that they become a little less expensive than the usual short - term loans.

In any case, an unexpected interest rate hike can instantly make using credit cards significantly more expensive than either of your expected, so be prepared and always strive to pay off the balance each month.

Varying the interest rates changes the multiplier slightly, but it is always less expensive to save than to borrow.

A bad credit score makes life more expensive because it means you'll get higher interest rates on loans and credit, and may have to have a larger down payment for purchases than you would otherwise be required to have.

Fixed interest rate loans are generally more expensive because their rates are often higher than variable rate loans.

Even after a year that saw major stock market indexes simply tread water, equities are by many accounts considered expensive, challenged by rising interest rates and a less - than - stellar outlook for corporate earnings.

Consolidated loans generally have a lower interest rate and lower monthly payments, but they can end up being more expensive over time because they offer a longer repayment period than the original loans do.

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.

Guest contributor Tony DeSpirito explains a «dividend stock paradox» in which higher - quality dividend growers are less expensive than the interest - rate sensitive (and arguably riskier) high yielders.

In addition to lacking borrower protections, private student loans usually carry a higher interest rate than federal student loans, which ultimately makes private student loans more expensive.

If you have more than one loan, you can choose to have your prepayment applied evenly across multiple loans or have the entire amount dedicated to one loan — perhaps targeting your most expensive loan with the highest interest rate first.

Since the insurer guarantees a lower interest rate and offers a range of premiums, universal life insurance policies are typically less expensive than whole life insurance policies.

With this budget, any mortgage larger than $ 120,000 will lead to more expensive monthly payments from higher interest rates and insurance premiums.

It's tough to fully endorse cash flow loans because of their high interest rates — but at least they're typically less expensive than merchant cash advances.

May actually be less expensive than a fixed rate loan depending on the interest rate environment over the payback period.

Fixed interest rate does not vary over time but is more expensive than a floating interest rate.

While geographic location and the size of the house determine the price the most, the mortgage interest rate can also make the house more expensive than the original selling price.

Also, interest rates are always expressed in annual terms, which can make a short term loan look much more expensive than it really is.

The drawback is that the annual fee is relatively expensive and the interest rates you'll pay are higher than other cards.

This is particularly helpful for more expensive private student loans that may have a higher interest rate than government loans.

Fees, charges and interest rates can make credit very expensive, especially if you borrow more than you can afford.

When interest rates are low, fixed - rate loans are generally not that much more expensive than adjustable - rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.

While this could help you to get into a more expensive car, or save on monthly payments initially, it could end up costing you much more than you imagined should interest rates rise.

This is the most complicated cost that goes into your loan because there are many different interest rate structures, some more expensive than others.

However, if you owe more on your car than it is worth (perhaps you've refinanced and rolled - over an existing car loan into your new car purchase) and you find the payments too expensive, (for example, the interest rate is too high), you have an option to get out of the secured financing — the bank loan or lease — through a consumer proposal or bankruptcy.

«Both a lower - than - average credit score and a high loan - to - value can lead to a more expensive interest rate,» he says.

The trouble with this is that credit card debt is expensive, with the interest rate charged on the principle amount owed oftentimes being more than 20 %.

However, a fixed - rate mortgage will initially be more expensive than an ARM, as fixed interest rates are almost always higher.

Auto loans with a 6 - 7 year term have traditionally been charged an interest rate that is 1 - 2 % higher than a more traditional 3 - 5 year loan, making them more expensive.

However much student loans suck, they carry much lower interest rates than expensive credit cards or personal loans.

Debt Consolidation: It is advisable to take one big loan with average interest rates than multiple expensive credit cards with monthly payments.

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.

Factor rates can make short - term loans appear less expensive than a traditional interest rate would.