Sentences with phrase «higher monthly premium rates»

Insurance companies anticipate higher rates of accidents by senior citizens and therefore charge higher monthly premium rates from elderly to make up for the potential loss that might be incurred by them.

A bad driving record means high monthly premium rates until... Click here to read more

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With this budget, any mortgage larger than $ 120,000 will lead to more expensive monthly payments from higher interest rates and insurance premiums.

For instance, reducing the down payment from a typical 20 % to 10 % resulted in higher interest rates and the addition of mortgage insurance premiums to the monthly payment.

The insurance premiums are normally paid by your bank and then baked into your monthly mortgage payment, effectively making your total interest rate higher; and the more you borrow, the more you'll pay as insurance.

Borrowers either pay monthly premiums or accept a higher interest rate and let the lender pay for insurance.

With this budget, any mortgage larger than $ 120,000 will lead to more expensive monthly payments from higher interest rates and insurance premiums.

Therefore, the purchase would need to be structured using conventional financing (as an example) with single premium financed private mortgage insurance to ensure that they buyer won't end up with a mortgage that has monthly mortgage insurance or a any pricing hit that would come with a higher rate (as would be the case with any other type of PMI that doesn't charge the borrower on a monthly basis).

All too often, pet owners faced with costly care have to borrow from relatives, use credit cards with high interest rates or sacrifice their pets because they do not have the funds, when it could be easily prevented with affordable monthly premiums for pet health insurance.

Higher reimbursement rates will cost you more in terms of monthly premium.

Whereas some policies have low premiums and high deductibles and out - of - pocket maximum limits, others are just the opposite with high monthly rates and lower deductibles and out - of - pocket limits.

This rate class will have the same health guidelines as a standard rate but will have a higher monthly premium since you are a tobacco user.

Predictable premium payments that will never increase No matter how low interest rates fall or how high the cost of insurance climbs, your premium will never increase as long as you pay the minimum monthly premium.

If you set your deductible at a high rate, then you will probably be able to get really low monthly premiums.

An inner city area, for example, that has higher crime rates will cost you more in monthly premiums as it is designated at a higher risk value.

A higher reimbursement rate means higher monthly premiums.

Since the main selling point of these motorcycles is to encourage motorists to ride along roads at high rates of speed, insurance companies see this as a red flag that will cause you to pay more in monthly premiums.

It is important to note that should you choose to get a specialized policy, your monthly premium rates will be much higher so you need to weigh the risks versus the benefits.

The monthly premium costs are quite a bit higher each month, and while you do build cash in the policy, the rate of return on whole life insurance policies is not good.

The higher premiums can be attributed to higher risk factors, but there are ways you can cut the cost of your monthly rate.

The deductible you select can drastically influence your monthly premiums, but choosing a high deductible to get a lower rates requires plenty of planning.

Within two weeks, you could imagine my shock when the next bill I received showed my premium 20 % + higher ($ 720) than the monthly rate I was quoted and had already paid.

Another proposal calls for a new FHA financing option that allows borrowers with poor credit to receive a loan with a slightly higher premium rate, but rewards them for «good behavior» by reducing their monthly mortgage insurance premiums after 24 consecutive on - time payments.

HUD increased both the up - front fee collected on FHA loans (UFMIP) as well as the annual premium that is paid monthly by FHA borrowers as part of their monthly payment to all - time highs; making new FHA loans more expensive than at any time in their history, despite having lower rates than conventional loans.