Sentences with phrase «higher than the amount borrowed»

Hey Thomas, thanks, I am still debating the loan strategy but even if I do get the full amount I am pre-qualified for the tax refund is still higher than the amount borrowed, which works well in my favour

Or in other words if your ROI is higher than the amount you borrowed (Borrow at 5 % to make a 10 % ROI) your net worth will always be bigger in the end.

Not exact matches

If you need to borrow more than $ 150,000 or want a long - term loan, your choice between the two lenders is clear — LendingClub is the only one of the two that offers loan amounts higher than $ 150,000 and terms longer than one year.

If you need to borrow an amount higher than these caps, FHA is probably not the program for you.

While interest rates are higher than SoFi and Parent PLUS loans, you can borrow smaller amounts.

Second, the income - contingent loan (ICL) repayment system put into place in 1998 is what makes it possible for students to safely borrow much higher amounts than they could in the U.S. system.

Rates are typically slightly higher than those associated with a Signature Loan, and you pay only for the amount you borrowed plus interest based on the outstanding balance.

If you owe more than your current unsecured high credit rating (the highest amount you have borrowed from a lending institution without offering collateral), you probably will have to offer something up as collateral to receive a debt consolidation loan.

While the interest rate that you will pay to borrow money when taking out a payday loan will be more than you would pay if you were approved for a traditional loan, it is not usually higher than ten percent - although that figure can vary from lender to lender and may be based partially on the amount that you borrow.

There are a number of reasons why the total amount you owe on your federal student loan might be higher than you expect it to be when you compare the current amount you owe with the original amount you borrowed.

Since you are allowed to borrow a higher amount than you can from a payday loan, signature loans are more useful for big - ticket expenses.

If you need to borrow an amount that is higher than your credit limit and that you know you will need more than 15 months to pay off, a personal loan is a better option.

If the property has been already used as collateral, it's value may be higher than the amount owed so you'll be able to borrow the difference.

It's higher than a regular FHA loan because the fee is calculated from the property value, not the amount borrowed.

While some of the lenders may approve you for higher amount than you might have originally expected it is important to borrow wisely and to repay on time.

Home loans are long tenure loans and the interest you pay on them is much higher than your principal amount borrowed.

Keep in mind, however, that these loans usually come with higher interest rates than home equity loans and, depending on the amount you borrow, may require collateral on the loan (e.g., your car or bank account).

You won't have to pay anything until after graduation, but when you get your first student loan bill, you should expect the overall amount to be higher than what you originally borrowed.

Think about the loan threshold carefully — you may get a better deal by borrowing slightly more than you need on a better interest rate, rather than settling for a smaller loan amount on a higher interest rate.

The problem with her situation is that she hasn't made any payments on the mortgage and the amount owing is now much higher than the original $ 50,000 borrowed.

(It's also worth noting that, in many cases, creditors have already received enough in interest to more than cover the original amount borrowed, especially if the obligation is a credit card or some other high interest consumer loan.)

If a student is attending a professional school, a professional student line of credit is available with higher borrowing amounts, as graduate degrees and professional designations cost substantially more than completing an undergraduate degree.

The total cost of unsubsidized loans can be far greater than subsidized loans, but the total amount available to borrow is higher for unsubsidized loans than it is for subsidized loans.

In many cases the amount a lender will say you can borrow is higher than you may feel comfortable borrowing.

Clearly, no student would rationally accept a loan with a higher NPV than the amount borrowed, so perhaps the discount rate should also be at least as much as the APR of the student loan interest rate.

The average interest rates on jumbo mortgages are typically higher than those for conforming mortgages as they generally are considered higher risk due to the larger amount of money that is being borrowed.

Over a typical 10 - year repayment period, the student's monthly repayment would be $ 37 higher than if he or she had borrowed the same amount through subsidized loans.

Moreover, loan amounts are significantly higher than grant amounts, as you can borrow up to several million dollars or more, and loans have fewer restrictions on the use of the funds when compared to many grants.

Higher Lending Charge: A fee which may be charged if the amount borrowed is more than a given percentage of the value of the property.

Getting a title loan on your classic car may be the best option if you are looking to borrow a higher amount, as classic cars can often be worth more than your everyday vehicle.

In another case recently — a distressing case of a widow in her nineties, whose husband borrowed a modest amount on the security of their home on terms that interest would roll up, being told she now has to repay the loan which has grown to be more than the value of the house; but the solicitor had built his case on the interest rate being higher than the Bank of England base rate and I had to tell him that this was permissible (and any lender would need to charge a margin).

One challenge in spinning off its gas network into a separate company and making it attractive to investors was the amount of debt it could hold relative to its assets — it would need to be higher than the energy regulator's limit, while at the same time needing to maintain an investment - grade credit rating so it could benefit from cheaper borrowing costs.

And of course by that time these lawyers and others, these borrowers can face debt loads as we mentioned before that are far higher than the amount they originally borrowed, because of all the money that they had to borrow to go to law school, and we're putting these young lawyers and their futures into financial peril if they are found at the end of 10 years to be ineligible when they had every reason to believe they had been eligible.

With AAG Advantage, owners of higher value homes now have the opportunity to borrow up to $ 3 million in loan proceeds — a significantly greater amount than offered through a traditional HECM loan.

If you need to borrow an amount higher than these caps, FHA is probably not the program for you.