Sentences with phrase «less than the amount you borrowed»

Federal student loan fees are taken as a percentage of the total loan amount and deducted proportionally from each loan disbursement, meaning you'll receive slightly less than the amount you borrow.

Federal student loan fees are taken as a percentage of the total loan amount and deducted proportionally from each loan disbursement, meaning you'll receive slightly less than the amount you borrow.

But if the home sales proceeds are less than the amount borrowed, the proceeds go first to the lender, along with any extra amount from the Department of Housing and Urban Development (HUD) needed to make the lender whole.

Check the date you signed your credit contract to see if the threshold is less than the amount you borrowed.

Not exact matches

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.

They are also perfect for someone with less than perfect credit, because the brokerage firm typically is only evaluating the amount of money you can borrow based on the value and mix of your portfolio, although bankruptcies can be a roadblock.

So each month we're borrowing less and the amount we owe is increasing more slowly than if the the deficit had remained the same.

If the amount was significantly less than what I was making on each sale of a book at full price ($ 4.99), would an increase in sales and visibility compensate for the lower rate of return on borrows?

Even if home prices stay the same, if you have a loan that includes negative amortization (when your monthly payment is less than the interest you owe, the unpaid interest is added to the amount you owe), you may owe more on your mortgage than you originally borrowed.

If the amount your school determines is more than you actually need, you can also borrow less money - something that will come in handy if it is your goal to pay off your student loans faster.

This means the money you receive will be less than the amount you actually borrow.

The loan itself will typically be unsecured if you are borrowing less than # 5,000 or secured against your home if you want to borrow a larger amount (this is why you should always speak to your mortgage company about remortgaging first, as it is often a cheaper alternative).

Line of credit debt is deductible as mortgage interest if the total amount borrowed on the LOC is less than $ 100,000.

If you borrow an amount less than or equal to $ 417,000, then your loan amount will be considered «conforming», since you will be conforming to the FNMA and FHLMC guidelines.

Your loan will be regulated if you borrowed less than the following amounts.

Though it's less critical than your payment pattern (35 percent) and how much outstanding debt you're carrying (30 percent) compared to the amount you can borrow, it does push the numbers up.

If you were owed a refund for less than what you borrowed, you will only get a discharge of a portion of the amount you borrowed and you will still owe the rest.

You may also require a cosigner for your consolidation loan if you do not have a steady reliable income, or if your annual income is less than the total amount of new loan funds that you will be borrowing.

Sanders had paid over $ 10,000 in premiums on the policy, and he borrowed less than that amount.

A less - than - average credit history won't necessarily stand between you and your car loan (unlike a personal loan), and it will have less impact on your interest rate or borrowing amount (which is dictated by the price of the car).

If you want to borrow a small amount (less than $ 5,000), you may have difficulty getting a loan from a bank or other mainstream credit provider.

This means you should borrow much less than the maximum amount the lender offers you and never mortgage your home to invest in a margin loan.

Essentially, a short sale is when a homeowner in trouble sells their home for less than (or short of) the borrowed amount, with all proceeds going to the lender.

In a less than «interest only» option, the unpaid interest is added to your loan balance and you can owe more than the amount you initially borrowed.

The amount that can be borrowed under a HECM Saver is less than under a standard HECM, but it can be a good cost - saving option for those who are not looking to take out a significant amount of equity.

If you have a 30 year loan with less than 5 % down, you will pay.85 % of the amount borrowed per year.

The average borrowed amount through One Main Financial is $ 6,500 with an average interest rate of 27 percent, and less than half of all loans are secured by collateral.

if the borrowed amount is much less than collateral value then interest rate gets reduced for bad credit consumer.

If the amount you are borrowing is significantly less than your cash value and you have plans and the means to pay back the interest and value in a reasonable amount of time (your life insurance agent can help you figure this out), then borrowing from your policy will be a good option for you.

The amount of the mortgage hasn't changed since you borrowed with it in 2016 dollars, but now you are paying it back with dollars that are worth less than they were in 2016.

As a general rule of thumb, you will need to be able to recuperate the total cost of the points in a period of time that is less than the amount of time you will need to borrow the money.

Because traditional lenders are subject to strict government regulations — even more so since the financial crisis that began in 2008 — you'll most likely be unable to secure a soft loan if you have less than perfect credit, even if you have the assets and the income to back up the amount you wish to borrow.

The amount of home equity that can be borrowed on the Saver is about 10 percent — 18 percent less than for the Standard; however, the up - front mortgage insurance premium decreases from 2 percent to 0.01 percent.

It's important to know that mortgage insurance isn't unique to FHA loans; it's typically required on most conventional loans if your down payment is less than 20 % of the amount being borrowed.