Sentences with phrase «financed over the life of the loan»

Furthermore, the funds necessary to carry out these improvements can be added to mortgages, allowing inefficient homes to be upgraded and the cost of improvements financed over the life of the loan.

Some real estate experts contend it is more economical, however, to make a larger down payment, thus reducing the amount of debt financed over the life of the loan.

Not exact matches

An attractive aspect of debt financing is current income generated through interest payments over the life of the loan.

With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.

That could help you better manage your finances, and save over the life of your loan.

The utilization of TIFIA financing allows for the realization of these benefits 23 years sooner and with approximately $ 1 billion in interest savings over the life of the loan compared to conventional financing methods.

Plus, your finance charges may be higher over the life of the loan.

For instance, is not unusual for someone to refinance to a lower monthly payment only to pay more in finance charge over the life of his or her loan.

While lowering your interest rate is always good, if you increase your loan term at the same time, then you may increase your finance charge, or the total dollar amount you pay loan over the life of your mortgage.

Ultimately, with the 5 % APR you would pay $ 233,139.46 as your total finance charge over the life of your loan, making the total cost of your home $ 483,139.46 [$ 483,139.46 = $ 250,000 + $ 233,139.46] if you pay off this mortgage as scheduled.

Finance Charge — The total amount of interest that will be paid over the life of a loan when the loan is repaid according to the payment schedule is the finance Finance Charge — The total amount of interest that will be paid over the life of a loan when the loan is repaid according to the payment schedule is the finance finance charge.

With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.

In addition to the interest rate, the APR factors in other finance charges such as, certain loan fees, and mortgage insurance premiums, if applicable, to show the total cost of financing over the scheduled life of the loan.

And you will pay more interest over the life of your loan if you finance your FHA mortgage insurance premium and / or refinance costs than if you pay them in cash.

Consumers who financed through dealerships can end up paying over $ 25.8 billion in interest rate markups over the life of their auto loans.

The total cost to buy your home will include the money you put down, the amount financed, and the interest that accrues over the life of the loan.

Zero interest financing is the same as paying cash, so you'll save money over the life of the loan.

For vehicle loans, finance charges reflect your total cost of borrowing over the life of your loan.

I thought about taking out a short - term personal loan, but the closing costs (or whatever they're called) would have been a significant chunk of the finance charges I've paid over 3 - 4 months, plus my life was pretty scattered for a few months and I didn't know how much I'd end up needing.

Securing a lower interest rate can make a big difference in your monthly out - of - pocket costs for housing and save money on financing fees over the life of the loan.

Interest will continue to accrue during the period when nonpayment is made, which may result in higher total finance charges over the life of the loan.

That could help you better manage your finances, and save over the life of your loan.

But regardless of the method, those that finance the company will look beyond the published GAAP financials, and will look at the cash generation capacity of the firm over the life of the loan, and how prone to change that could be.

The goal is to secure a lower rate of interest on the new loan so as to save on finance charges over the life of the loan.

The deferred financing costs are being amortized over the lives of the respective mortgages and term loans.

Shortest repayment term which typically means lower total finance charges over the life of the loan

Veterans and military members can finance this cost over the life of their loan.

* By refinancing your existing loan, the total finance charges may be higher over the life of the loan.

Another disadvantage is that although the interest rate on a consolidation loan usually is less than other types of credit, the extended loan period results in more finance charges over the life of the loan.

The lifecycle cost of a solar project includes the initial cost to purchase it, financing costs (such as loan payments), and operations and maintenance costs (such as inverter replacement costs) over the life of the project.

At issue was whether OCGA 33 -32-4 (a) authorizes the insurer to issue a credit life insurance policy which covers the total amount payable over the term of the loan or limits the policy's coverage to the principal amount financed by the insured.

With Seller Financed offers, I would attach a letter explaining the gross proceeds they'd receive over the life of their loan (adding the total interest to the original purchase price) and remind them of the tax benefits of spreading out the income.

We financed our loan with RMC and saved nearly $ 300,000 in interest payments over the life of the new loan.

Finance Charge Your finance charge is the total of all the interest you would pay over the entire life of the loan, assuming you kept the loan to maturity, as well as all prepaid finance cFinance Charge Your finance charge is the total of all the interest you would pay over the entire life of the loan, assuming you kept the loan to maturity, as well as all prepaid finance cfinance charge is the total of all the interest you would pay over the entire life of the loan, assuming you kept the loan to maturity, as well as all prepaid finance cfinance charges.

Total Payments This is the total amount you will have paid over the life of the loan for principal, interest and prepaid finance charges, assuming you keep the loan to maturity and make only the required monthly payments.

Refinancing your current mortgage loan could result in the total finance charge to be higher over the life of the loan.

Your mortgage rate not only affects the amount of interest you will pay over the life of your loan but can also influence the amount you are approved to finance, as well as your affordability of homeownership overall.

By enabling borrowers to finance their mortgage insurance over the life of a loan, the FHA could improve affordability for consumers without eliminating revenue.

The commenters set forth an example in which a borrower finances $ 100 of closing costs in a 30 - year mortgage loan having an eight percent fixed annual rate, and the creditor sends the consumer a $ 100 refund check, illustrating that the creditor will still earn $ 240 on that refund over the life of the loan unless the borrower sends an extra $ 100 payment to her mortgage servicer.

The Finance Charge tells you the total amount of interest and loan fees you will pay over the life of your loan, if you make all payments as scheduled.