Sentences with phrase «hopefully has a lower interest rate»

This new loan hopefully has a lower interest rate, or maybe a longer repayment period, which will lower your monthly payment.

Not exact matches

But lower interest rates and — hopefully — improved credit scores might have your eye wandering toward lenders offering to save you thousands of dollars if you refinance with them.

A monthly close below here (hopefully this coming Monday) would cause a one - off shift in the structure and level of interest rates - permanently lower.

When you refinance a loan you replace it with a new loan that, hopefully, has better terms and a lower interest rate.

You still owe the same amount of money, but now you have one payment per month, hopefully at a lower interest rate.

The main benefit here is — hopefully — a lower interest rate, and only having to worry about making one payment each month.

So why don't lenders offer a true reverse mortage which would compute and lend a stream of payments (at interest of course, but hopefully a rate reflective of the low risk given the high property value / loan ratio) rather than a useless lump sum which has seniors paying pretty high mortgage interest rates on a large amount of loan, rather than a interest on the (rising) amount of loan as the stream of payments accumulated.

This newly refinanced student loan will have new terms, hopefully a lower interest rate, a new monthly payment amount, and / or a new repayment length.