Sentences with phrase «goes toward paying»

A 15 - year loan may have higher monthly mortgage payments, but more of that money goes toward paying down the principal of the FHA loan, and the loans often feature lower interest rates than their 30 - year counterparts.
The terms of the agreement will determine how much of each payment goes toward interest and how much goes toward paying down the principal.
When the monthly mortgage payment is made, part of the payment goes toward paying off the mortgage interest while the other part goes toward paying down the principal.
At least some of the money goes toward paying software engineers to produce and test updates.
The premium paid goes toward paying for the insurance and toward the savings portion.
If you put a higher number on your W - 4, less money comes out of each paycheck, and less money goes toward paying your tax bill.
Each time you pay your premiums, a percentage of the premium goes toward paying for the death benefit and a percentage goes into an interest - bearing savings account.
That is, unless all the cash goes toward paying off a mega-wedding that has landed them in debt precisely at the worst time in their relationship, which defeats the purpose of the gift.
Each month, you can bring in rental income that goes toward paying off any home loans or simply helps you grow your wealth.
Every penny raised goes toward paying for veterinary treatment, food, shelter and gentle loving care from our staff.
This is the amount that goes toward paying off the loan balance plus the interest due each month.
DTI is the percentage of a consumer's gross income that goes toward paying all recurring debt payments, including rent, mortgage, credit card payments, car loan payments, student loan payments, and legal judgments (such as child support or alimony, if disclosed).
Each time you pay your premiums, a percentage of the premium goes toward paying for the death benefit and a percentage goes into an interest - bearing savings account.
More of your payment goes toward paying down the principal, helping you speed up the process.
That means more of your monthly payment goes toward paying back the principal, and less of it goes toward paying off interest.
The back - end ratio indicates the percentage of income that goes toward paying all recurring debt payments that include those covered by the front - end ratio plus other debts like credit cards, car loans, student loans, child support, alimony, and legal judgments.
All extra money — including anything you can spare from taking a break from favorite hobbies or habits — goes toward paying off the card at the top of the list.
Around $ 250 goes to Wealthsimple for our services, and $ 50 goes toward paying the fees for the ETFs themselves.
For every dollar states and local school districts are contributing to teacher pension plans, an average of $.70 goes toward paying down pension debt.
Nationally, for every $ 1 that states and schools are contributing to pensions, 70 cents goes toward paying down debt and only 30 cents goes toward actual teacher benefits.
When you pay your county property taxes, more than half of the tax levy — 55 percent — goes toward paying for one item: Medicaid.
According to Legislator Jay Schneiderman (I - Montauk), a portion of Drinking Water Protection Program money goes toward paying the salaries of certain county employees, positions that are also eligible for state and federal reimbursements.
At the moment, 16 percent of annual MTA spending goes toward paying off debt — a «dangerous situation,» according to Kate Slevin, vice president of state programs and advocacy at the Regional Plan Association, a planning nonprofit that has long supported congestion pricing in the city.
Split that amount in half, put one half into your savings account and the other half goes toward paying down your credit card debt.
This is the amount that goes toward paying off the loan balance plus the interest due each month.
The BLS» housing category includes an array of expenses (housekeeping, daycare, furniture, cell phone and internet plans), but the bulk of the money goes toward paying rent or costs related to owning a home, such as the monthly mortgage and property taxes.
Some of that money will be passed down or go toward paying estate taxes, but a significant chunk will likely be given to charities.
The goal of refinancing is to decrease interest rates, meaning more of your payments go toward paying down your student loans.
That roughly boils down to $ 1,397 in monthly payments — $ 689 going toward paying down the principal, and $ 707 in interest.
More of your minimum monthly payment will go toward paying interest in the beginning of a long - term loan versus a short - term loan.
The fact that some of your income has been going toward paying on a child's or grandchild's student debt means that retirement probably hasn't been the highest priority.
It's deflating to watch a sizable portion of each payment go toward paying your lender rather than lowering your debt.
This can save a ton of money, especially on a 30 - year loan where most of your regular monthly payments go toward paying down your interest during the first several years,» Huettner says.
The lower interest rates and fees that credit counseling agencies can negotiate, along with the typical three - to five - year repayment period, often results in more money going toward paying down your debt and less money going toward interest payments.
Not only that, but since your entire $ 250 payment will go toward paying off your principal each month, you could be done in 10 months instead of 12 months.
A loan that has regular, scheduled repayments that go toward paying both the loan's interest and principal.
The tax increase would go toward paying off bonds that were used for the $ 2.4 million purchase of the Christ farm, north of Illinois Highway 176 and east of Briarwood Road.
Republicans hope some of the money could go toward paying down a $ 4.4 billion deficit and negate the need for tax hikes.
Senate Democrats are in full re-election mode, with Gianaris, the DSCC chairman, telling Liz earlier this month that the money being raised by the committee won't go toward paying down their remaining $ 1.5 million debt, but field work and other campaign activity.
The reshuffling of the tax code also enabled $ 1.5 billion in needed revenue to go toward paying down the expected $ 3.5 billion gap in the coming 2012 - 13 fiscal year, which begins April 1.
The University at Buffalo Foundation spent $ 104.5 million in 2013 - 14, nearly 40 percent of which went toward paying university and foundation employees, including «top ups» to the salaries of some unnamed faculty members and administrators, according to a new report, renewing calls for more transparency.
He wants the money to go toward paying down the state's debt, especially the $ 74 billion unfunded liability from the state's teacher pension plan (CalSTRS).
By 2021, nearly 40 % of California teachers» total compensation will go toward paying down the pension plan's liabilities.
Within the next decade, nearly 40 percent of California teachers» total compensation will go toward paying down the pension plan's unfunded liabilities.
This means for roughly every $ 7,000 allocated for a student, over $ 1,000 will go toward paying off pension obligations.
Instead, most of the funding increases are going toward paying off the state's retirement debt.
of California teachers» total compensation will go toward paying down the pension plan's unfunded liabilities.
Not only are you spending less money on travel expenses, the money that you are spending on salaries is now going toward paying your trainers to act as subject matter experts, learn new eLearning development technologies, and modernizing your training approach.
New Fire tablet owners in the U.S. get 500 Amazon Coins to go toward paid apps (a $ 5 value).
Very little (or none) of your budget should go toward paid advertising, other promotional services or print runs of the book.
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