Sentences with phrase «loan scenario over»

Either way, a true mortgage professional to be able to fully articulate the long and short - term financial benefits of choosing one loan scenario over another.

Not exact matches

And S&P analysts predict that, in the best case scenario, roughly 13 percent of maturing real estate loans will default, up from 8 percent over the past two years.

The overall savings obtained in this scenario by consolidating the high - interest federal loans with a lower interest private loan (as opposed to consolidating all the federal loans together) is over $ 1,500.

The ability to pay extra on the higher interest loan (Option 2) while paying the minimum payment on the lower interest loan allowed for over $ 1,000 to be saved in this scenario — all this was with the same monthly payment as Option 1.

When rates are rising interest rate risk is higher for lenders since they have foregone profits from issuing fixed - rate mortgage loans that could be earning higher interest over time in a variable rate scenario.

In this scenario, the borrower with the higher credit score saves more than $ 3,800 over the course of a four - year loan.

In this scenario, the homeowner benefits from both a lower monthly mortgage payment and a lower interest rate over the life of the loan.

In this scenario, the interest rates rose from 2.76 % to 6.81 % over the life of the loan.

In such a scenario, the customer can opt for taking a top - up over & above the balance transfer amount which can serve a dual purpose in terms of shifting high interest rate loan as well as getting additional funds.

You should also understand that this scenario means you're effectively paying these closing costs with interest over the life of the loan, because you're borrowing more money.

In this scenario, if the borrower plans on staying in the home for at least 44 months, they will recoup the entire $ 4,000 in closing costs that were rolled into the new loan amount, and will then save approximately $ 31,000 over the remaining term of the new 30 - year fixed - rate mortgage loan.

Their patent - pending technology finds these loans by running 5,000 different financial scenarios to forecast how the loans will perform over time and showing you the top 3.

The ability to pay extra on the higher interest loan (Option 2) while paying the minimum payment on the lower interest loan allowed for over $ 1,000 to be saved in this scenario — all this was with the same monthly payment as Option 1.

Their patent - pending technology finds these loans by running 5,000 different financial scenarios to forecast how the loans will perform over time and showing you the top 3.

Ingrid Holmes, author of the E3G report, gives an example of a basic investment scenario in which a whole house retrofit costing # 11,000 delivered 50 % energy savings and loan repayments were spread over 25 years.

The following chart illustrates the difference in the amount of interest paid over the life of the same loan with three different credit score scenarios.

The best thing to do is connect with a loan officer to go over your scenario to see what you would qualify for.

I'm guessing for the second scenario you can't test the loan because I'm just taking over the payments.