Sentences with phrase «interest rate of the debt»

Make sure you include the remaining balance and interest rate of each debt next to its name.
The various interest rates of your debts provide the last factor to consider for your repayment plans.
You might be in a situation where your credit cards don't have the highest interest rates of all your debts so rather than paying them off target the other debt before your credit cards... which brings me to the point that paying off the highest interest rate credit cards first will make your celebration that much more satisfying.
Hence a more realistic interest rate of debt funds to consider for this comparison would be around 7 % -7.5 %.
However, since the whole idea of a consolidation loan is to reduce your monthly payments, make sure that the interest rate charged for the consolidation loan is lower than the average interest rate of the debt you will be consolidating.
You might be in a situation where your credit cards don't have the highest interest rates of all your debts; so rather than paying them off, you target the other debt before your credit cards.
Only when you can get a risk free return that is higher than the interest rate of your debt should you consider investing instead of paying of your debt.
This means you will have to find other sources of funds and then place the cash in investment instruments that potentially offer higher returns than the interest rate of your debts.
Prepayment risk will vary depending on the provisions of the security and current interest rates relative to the interest rate of the debt.
It depends on the interest rate of that debt.
Advice may also be provided on which debts to pay off first based on factors such as the interest rate of the debt and any income tax ramifications.
But, with this strategy, you also want to include the interest rates of your debt.
If retained profits are used to pay down debt, the investor's return will equal the interest rate of the debt.
The small difference may also be due to the fact that the interest rate of the debt is very close to the ROA.
They may consider what they expect to earn «more» than the interest rate of the debt.
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