Sentences with phrase «higher monthly payments upon»
Those borrowers will likely face higher monthly payments upon renewal.
http://www.canadianbusiness.com/ Not exact matches
There are no income requirements for ICR, unlike some of the other plans, and also no cap on how high a monthly payment can go based upon income.
When deciding upon a loan term, keep in mind that longer terms result in smaller monthly payments, but also in more money paid to the lender in interest, both because of typically higher rates and the fact that the loan isn't being repaid as quickly.