Sentences with phrase «guarantee the interest rate over»

The structure of a Fixed Indexed Annuity is based on that of a MYGA, as it also offers a guaranteed interest rate over a set period of time.

Part of the attraction of CDs is that they allow you to sign up for a guaranteed interest rate over the life of your deposit, and the longer the term you choose, the higher the interest rate you get.

Certificates of deposit (CDs) are a type of deposit account used to guarantee the interest rate over a period of time.

These accounts allow you to save money at a guaranteed interest rate over a specified period of time.

Not exact matches

Keep in mind that if you have high - interest debt (anything over 5 % or 6 %) you should pay off that first since you will get a guaranteed return of that said rate.

True, interest rates are low these days, but paying off your mortgage faster will save you interest over time and is a guaranteed return.

If you go to an immediate annuity calculator, you'll find that at today's interest rates forking over $ 100,000 to an insurer for an immediate annuity would provide guaranteed lifetime payments of about $ 540 a month for a man that age.

Higher interest rates that are guaranteed over a longer term — for example, five years — can actually save money over lower interest rates that are guaranteed for only a short term — for example, one year.

The majority of home buyers get a fixed - rate mortgage, because this guarantees the interest rate they pay will remain the same over the life of the loan.

What is the benefit of the Interest Plus + annuity over other guaranteed fixed rate annuities?The Interest Plus + annuity is designed for the consumer who desires a higher - than - average rate of return, but with the ability to access funds for any reason or amount — without incurring an excessive surrender charge.

A lower interest rate does not guarantee that a new mortgage will save you money because mortgage closing costs can significantly impact the cost of any mortgage, in the short run and over the life of the loan.

An interest rate that may change over the life of the policy but offers a minimum guaranteed rate

A loan that it guaranteed to return a certain interest rate over a fixed period is one type of security, and that is what your mortgage is.

But remember that consolidation doesn't guarantee a lower interest rate — so your interest will keep growing over the (now) longer term of your loan, meaning that you could potentially be paying a lot more in interest.

Get an edge over other buyers and guarantee your interest rate for 90 days with a mortgage pre-approval — it's free and there's no obligation to buy.

With optimal market conditions, lenders often compete for your business online, which can guarantee you better interest rates over the life of your mortgage.

For this reason, lenders will charge a higher interest rate for long - term loans because the guaranteed higher return on their money helps to shield them from the ups and downs of the market over a longer span of time.

They pay higher interest rates over a fixed period of time for a guaranteed return.

This means that the interest rate can change over time and isn't guaranteed.

Fixed interest rates, on the other hand, are guaranteed to stay the same over the life of the loan.

The Sage universal life insurance no medical exam policy also offers a minimum guaranteed interest rate on the cash value accumulation portion of 2.5 % which is guaranteed payable over the life of the policy.

The policy includes a guaranteed interest rate of 3 % over the course of the policy and the riders are the same as with whole life with these additions;

Death benefit amounts of whole life policies can also be increased through accumulation and / or reinvestment of policy dividends, though these dividends are not guaranteed and may be higher or lower than earnings at existing interest rates over time.

This means that the interest rate can change over time and isn't guaranteed.

Alternatively, if you prefer the probability of under performance over the guarantee of a fixed interest rate, a variable life insurance policy with sub-accounts invested in equities and bonds may possibly make more common sense for you.

The excess income earned in the Discontinuance Policy Fund over and above the minimum guaranteed interest rate shall also be apportioned to the Discontinuance Policy Fund in arriving at the proceeds of the discontinued policies and shall not be made available to the Company.

Once your loan amount and interest rate are calculated and locked in, a fixed rate mortgage will guarantee that you will have the same payment over the life of the loan.

All of our fixed rate terms come with the peace of mind of knowing that the principal and interest payments are guaranteed not to change over the length of the term selected.