Sentences with phrase «interest rate someone are paying»

As a result of the high interest rates you are paying on these existing debts, you may even find it difficult to meet up with the monthly payments.

In my case, the biggest problem was the high - interest rate I was paying for my business loan.

With our mortgage being the lowest interest rate we are paying, any extra funds we have will get a better return by first paying off more expensive debt.

The account with the highest interest rate is paid off first.

What interest rate are you paying on your loan?

Depending on how quickly you pay that loan back, that fee can have a large impact on the true interest rate you're paying.

In principle, this would not be completed until the last loan taken out before the fall in interest rates was paid off, i.e. 25 years.

The regular interest rate is paid on the full daily closing balance when the balance is $ 5,000 or more.

The interest rate and annual percentage yield for any renewal term will be at the current interest rate we are paying at renewal.

That's the real interest rate you're paying after taking into account the mortgage tax deduction.

That's a low cost of money when compared with the double digit interest rate you are paying on your current cards.

A blended rate tells you the overall interest rate you're paying on thee total of several accounts with different amounts and / or interest rates.

It is the interval of time for which a set interest rate is paid.

Lenders may be willing to overlook a poor credit history with a larger down payment, and it can result in a lower interest rate being paid.

What interest rate are you paying on your loan?

What interest rate are you paying on your credit card?

Other people, with big starting salaries, become increasingly annoyed by the high interest rate they are paying.

Unless you can qualify for a loan at an interest rate that is lower than the average interest rate you are paying on your debts, a debt consolidate loan probably does not make financial sense.

Debt avalanche is a strategy one can use to pay off his debts whereby the debt with the highest interest rate is paid first before attention is directed to other debts with lower Continue ReadingUsing Debt Avalanche Strategy to Get Out of Debt →

What kind of interest rates are you paying?

I've met people who are so enamoured with the points they get on their cards that they don't give a second glance to the horrendous interest rate they're paying on their balances.

So, if your cash is earning exactly the same interest rate you are paying on your mortgage, the interest from your savings is paying your mortgage interest, and the tax deduction for your mortgage is offset by the tax you pay on the savings interest.

«Look at the largest interest rates you're paying, and renegotiate those.»

Whatever interest rate you're paying on your debt is detracting from your retirement.

The NAIC also says that policies typically include an interest rate guarantee, so a minimum interest rate is paid even if the index produces lower returns.

If the average interest rate you are paying on your current debts is greater than the rate on a consolidation loan, all things being equal, consolidation of your debts may be better than continuing with a diverse collection of debts with high interest rates.

Debt avalanche is a strategy one can use to pay off his debts whereby the debt with the highest interest rate is paid first before attention is directed to other debts with lower interest rate.

The interest you pay on your home mortgage may be one of the few things you can deduct off of your tax return each year, greatly lowering the true interest rate you're paying on your loan.

The penalty APR will be significantly higher than the regular interest rate you were paying on your card with most companies pegging this rate at 27 - 30 %.

If you withdraw any amount of principal before the maturity date, we may impose a simple interest penalty on the amount withdrawn, at the current interest rate being paid on the account.

Ask if you will continue to receive statements from your creditors showing what interest rates you're paying, and the reduction of your debt each month.

The rationale behind using debt avalanche strategy is that you will be able to save some interest by ensuring that the debt with the highest interest rate is paid first.

The MoneyToys ™ Average Interest Rate Calculator shows your web site visitors the average interest rate they are paying on a collection of debts.

When you have multiple assets each with their own loan, the interest rates you're paying will vary based on the asset class.

Many student borrowers have more than one loan, and many are unaware just what they owe to whom and what interest rates they're paying.

For preferred equity and debt investments, EquityMultiple receives a servicing fee in the form of a «spread» between the interest rate being paid to them by the sponsor or originating lender and that being paid to investors.

At this point, you should have an understanding of your total debt load, the interest rates you're paying, your minimum monthly expenses, and your monthly income.

Most credit cards nowadays have variable interest rates which fluctuate with market rates so the interest rate you're paying today may wind up being lower tomorrow.

Refinancing your mortgage can be enticing, especially if current mortgage rates are significantly lower than the interest rate you are paying on your mortgage loan.

And the 30 % interest rates you're paying aren't helping matters.

The interest rate is paid back to the participant's account (you are essentially paying yourself interest) on an after - tax basis.

If the default rate on your new credit card is higher than the interest rate you were paying on your old one, a balance transfer may not be a wise financial decision.

They can also help you renegotiate the interest rates you are paying on the loans.

Furthermore, 57 percent of savers are unaware of the interest rate being paid on their savings accounts, making it almost impossible to identify a higher - yielding product.

The USAA Bank Fixed Rate CD locks in the interest rate you are paid for a specified length of time (the «term»).

If, however, the $ 50,000 has a lower interest rate (mortgage, line of credit or loan) then you want to look closer at the interest rate you are paying on the debt versus the interest / investment return you could be earning once invested.

If you compare the interest rate you are paying to the Canadian national average and discover that your rate is much higher than what you could be paying, an Ontario refinance expert will be able to help you obtain a much lower rate on your loan.

I just think people need to look at the interest rate they are paying and compare that with the return they could get elsewhere.