Sentences with phrase «implies higher monthly payments»

And this implies higher monthly payments that get harder and harder to afford.

For example you may obtain a low APR loan but this loan may come with a short repayment program which will imply high monthly payments that you might not be able to afford and thus, you will have to resort to other more expensive loans.

Higher interest rates imply higher monthly payments which (unless you get longer repayment programs to reduce them) will imply that you may have to settle for a lower price property if your income doesn't let you afford the installments.

Not exact matches

Conversely, paying a loan quickly implies that you'll be making higher monthly payments but you pay less interest over the entire period.

Short terms will have as a disadvantage the higher monthly payments that they imply, but they also have at least to good things.