Sentences with phrase «go towards reducing»

If you are not pulling a big chunk to pay principal - only, then any cash left over from your monthly income after paying your monthly expenses will go towards reducing the debt on your credit line.

In this example, the money that is saved on monthly payments can go towards reducing the amortization from a standard 25 years down to less than 15 years just by increasing your payment by an extra $ 950 a month.

The beauty of prepaying the mortgage is that an extra payment reduces the mortgage balance and a little bit of every future mortgage payment that would otherwise have serviced the loan will now go towards reducing the loan.

Total net proceeds from the spin - out will go towards reducing debt, but a further negative debt adjustment is clearly required.

Usually easier said than done, cutting back on miscellaneous expenses is one of the most effective ways to locate more money that can go towards reducing your debt.

So, your whole monthly payment will go towards reducing your balance.

For instance, if you have a $ 200 per month loan repayment, but you pay $ 250 instead, the extra $ 50 can go towards reducing the principal of the loan, minimizing future interest.

Because of your larger payments and the lower interest you pay, your payments on a 15 - year loan go towards reducing the loan principal faster than payments on a 30 - year loan.

The Creative Healing treatments are alternated between back and neck modules and a full digestive tune - up with abdominal toning and pelvic drainage which all goes towards reducing bloating, improving digestion and creating space for the baby within the pelvis.

If interest rates go down, more of the payment goes towards reducing the principal; if rates go up, a larger portion of the monthly payment goes towards covering the interest.

Not exact matches

Understanding and using them to decide what action to take for this group of customers will go a long way towards reducing churn.

This means the 10 % of income going towards student loans for 10 - 20 years after school will massively reduce discretionary spending for 20 - 40 year olds compared to prior generations.

The remaining funds went towards two companies aimed at reducing humanity's dependence on fossil fuels and so counteracting the problem of climate change: Tesla Motors ($ 70m), a luxury electric car manufacturer that has since expanded to provide energy to homes and businesses through battery technology; and SolarCity ($ 10m) which seeks to offer a cleaner and more affordable energy solution.

The Gunners have seen a gap open up between them and Leicester City at the top of the table recently, but a win over the Cherries will go a long way towards reducing the deficit.

With extraordinary buying power and a complete monopoly of the market, major supermarkets make sure the burden of costs falls disproportionately on producers, with most of the spare cash going towards profits, not reducing prices.

He wants # 2.5 billion extra funding to go towards extra tuition and reduced class sizes in areas which suffer from disadvantage.

He says around 95 per cent of resources for solving antibiotic resistance now go towards finding new drugs, but that this should be reduced to just 40 per cent.

Because many people suffer from arthritis and other joint problems in their wrists and hands, wearing copper bracelets can go a long ways towards not only reducing this pain, but effectively eliminating it.

They may want to consider that the combination of psoriasis and exercise go a long way towards reducing these ugly red patches.

Lifestyle interventions like staying active can go a long way towards improved quality of life and reduced healthcare costs.

Life is hard some days, and the world is unfortunately becoming more and more toxic, so in order to reduce the effects of stress on our bodies, we have to acknowledge with our minds that stress will come and go — the goal is not perfectly eliminate all stressors in life, rather address the ones that we can eliminate, and take action towards supporting our bodies so stress (of any form) isn't over-taxing us constantly.

It can demonstrate by investing money in energy conservation and by tracking data going back to 1978, it has made clear progress towards reducing its fuel bills.

However, higher education takes multiple hits in the House bill such as taxing endowment earnings that go towards school advancement, reducing incentives for charitable giving, and eliminating student loan interest deductions that benefited 12 million borrowers in 2014.

At the moment they offer readers from PaidAuthor.com a discount of 20 % when use the Book Tweeters Coupon code PAIDAUTHOR20 upon booking, which goes a long way towards reducing the price of the promotion!

Amortization, the process of splitting payments between interest and principal, reveals how early payments mostly go towards interest and not to reducing the principal balance.

At first, the increased income can go directly towards reducing debt and by doing that you will be reducing the interest you will be paying on that debt and second, there is the added benefit of the fact that you be either too busy or too tired to spend money elsewhere, and that can be a good thing.

If you can lower your interest rate — you can reduce your balances faster because more of the money that you pay will go towards the principle.

All financial advisors would tell you that when you prepay even a small amount it goes towards the principal payment of your loan and as the principal amount reduces, so does the interest amount.

Either way, these programs can go a long way towards reducing the burden of coming up with a down payment if you're eligible.

If you are working to reduce your credit card debt, making a balance transfer to a low interest card can help you get out of debt faster because more of your monthly payments will go towards your outstanding balance.

This extra amount will go towards paying down the principal directly, thereby reducing your interest payments in the future.

One possible option would be to go to court, explain your situation, and ask the judge to reduce your fine, or perhaps re-instate your license so that you can get a job, on the understanding that you will begin to make payments towards the fine.

Debt repayment plans are beneficial because many creditors reduce or even eliminate interest rates and penalty fees - repaying the debt with less money going towards finance charges and more to the principal.

The increased payment amount goes directly towards the principal of the loan, reducing the time of repayment.

The payment can only go towards interest of all loans in the account and then to the principle, essentially making it harder to reduce the principle earlier.

Your main goal is to reduce interest payments so that the majority of your payments go towards paying down the principal faster, thereby minimizing interest.

Any effort, big or small, to reduce your outstanding debt lowers your debt - to - income ratio, the overall percentage of your earnings that goes towards paying debt.

It reduces the costs to administer the proposal, so that more of the money paid will go towards repaying the debt.

But if they look a little further down at «Other Charges», borrowers will see «Broker Credits» that go towards negating the «Origination Charge» and reducing third party closing costs.

When considering your options, remember that even small steps towards reducing your monthly expenses will help your retirement income go further.

As time goes by, the portion of money going towards interest decreases while the amount put towards reducing principal increases — a process called amortization.

Allocating $ 3,000 towards credit card payments will go a long way in reducing interest expenses, but using cash to pay off credit cards can delay the building of an emergency fund for months and leave you vulnerable in the event of a financial emergency.

If you have a good income and can save while earning a good return on your investments, you may be better off saving more money go to towards your down payment, and to reduce the cost of your mortgage.

This allows me to take advantage of the increased amount that goes towards principle due to the balance being reduced regularly, yet still keep cash on hand in case there's an emergency, or I feel unsure financially.

Although cost cutting can be painful, it is the best way to reduce your expenses quickly and free up more money to go towards the payment of debt or emergency funds.

Often the interest rate on your debts is reduced or eliminated, so it's a great way to ensure that all of your payments are going towards the principal of your loan.

Pre-surgical preparation does not eliminate this risk, but it greatly reduces the potential for unexpected complications, and goes a long way towards ensuring your pet has a safe procedure, and a smooth and uneventful recovery.

If only all animal shelters would include the price of spaying and neutering in their adoption fees, it would go a long way towards further reducing unwanted litters of puppies and kittens from «accidently» being born — owing to the fact that the owners often find themselves unable to afford the surgery at the necessary time.

Reducing per capita consumption is all going to require big attitude changes towards materialism, and this is more of a cultural thing.

(Of these the cook stove alternative is probably where the biggest change can occur; but, microwave and convection oven combinations have gone miles towards reducing the energy demand for the average home.)