Sentences with phrase «lower than the variable rate»

Earnings from equity - indexed annuities are usually slightly higher than traditional fixed rate annuities, lower than variable rate annuities but with better downside risk protection than variable annuities usually offer.

It is lower than the variable rate that most Canadians have been paying for years.

Not exact matches

Such rates will generally be higher than what home buyers currently pay, not only because banks now offer substantial discounts from posted rates, but also because many buyers (40 % according to a July 2011 TD Bank report) take mortgages with variable rates, which are lower than fixed rates at least 85 % of the time.

The appeal of variable - rate loans is that they usually start out with interest rates that are between one and two percentage points lower than fixed - rate loans.

The new interest rate can be lower or higher than the weighted average of the old loans and can be fixed (the interest rate won't ever change) or variable (the rate changes based on the market conditions).

Variable interest rate loans are usually offered at lower rates than fixed rate loans, but can be risky because the student loan rates could rise significantly in the future.

Variable rates can be much lower than fixed rates, but they can change over time.

Variable rates currently offer lower interest rate options, resulting in additional interest savings, but keep in mind — variable rate student loans are often higher risk for borrowers than fixed interest rate studenVariable rates currently offer lower interest rate options, resulting in additional interest savings, but keep in mind — variable rate student loans are often higher risk for borrowers than fixed interest rate studenvariable rate student loans are often higher risk for borrowers than fixed interest rate student loans.

The important thing to remember is, all other things being equal, a lower student loan interest rate is better than a higher one — but you need to consider all of the terms of the loan including whether the rate is fixed or variable and what your loan repayment options are to ensure you get the best overall deal.

Variable rates tend to be lower than fixed rates at the beginning, but they could go up or down over time.

Some borrowers may be lured by the variable interest rates offered by private lenders since they are often lower than the fixed interest rates available.

Variable rates are usually lower than fixed rates, but they can rise over the life of the loan.

If you choose a variable rate, your rate will probably be lower than the fixed rate offer.

Rates on variable - rates loans are lower than fixed - rate loans because you, not the lender, are taking on the risk that rates will incrRates on variable - rates loans are lower than fixed - rate loans because you, not the lender, are taking on the risk that rates will incrrates loans are lower than fixed - rate loans because you, not the lender, are taking on the risk that rates will incrrates will increase.

If you get an offer for a variable rate that's a lot lower than your fixed rate offer, you could still save money over the life of the loan.

How much lower is a variable rate than a fixed rate for student loans?

In general, variable rate loans tend to have lower interest rates than fixed versions, in part because they are a riskier choice for consumers.

Generally, variable rate loans have lower interest rates than fixed rate loans.

Although interest rates have hovered near historic lows recently, the LIBOR benchmark rate, on which most variable interest rate loans are based, more than doubled in the year through July 2017, dragging payments for variable interest rate student loans up with them.

As for tax status, the study found that mortality rates for variable annuities are nearly 15 percent lower for tax - qualified contracts than for non-qualified contracts.

It doesn't help that 10 - year bond yields are still lower than the prospective operating earnings yield on the S&P 500 (the «Fed Model»), not only because the model is built on an omitted variables bias (see the August 22 2005 comment), but also because the model statistically underperforms a simpler rule that says «get in when stock yields are high and interest rates are falling, and get out when the reverse is true.»

While the average indicator rate on large business variable - rate loans, at 8.0 per cent, is now higher than the corresponding rate for small businesses, the all - up borrowing cost to large business remains lower than for small businesses since customer risk margins for the former are, on average, finer than those for the latter.

Importantly though, the donation rates in these areas were lower than adjacent metropolitan areas with similar demographics, highlighting that variable donation rates at a macro-level is based on variable OPO performance and community - level engagement in donation, and not the underlying demographics of the population, which is often what many OPOs cite as the cause of lower donation numbers.

Another benefit of variable cyclic training is that it is much more interesting and has lower drop - out rates than long boring steady state cardio programs.

These loans can start with a lower initial interest rate than a fixed - rate loan, but the interest rate is variable and can possibly rise after a set period of time, leading to higher monthly payments.

The lowest advertised refinance rates are usually variable rather than fixed.

HELOCs generally have a variable interest rate, rather than a fixed interest rate, and the initial interest rate on the line of credit is oftentimes lower than the fixed rate charged on a home equity loan.

We chose this because we got a low rate (2.6 %) and it was actually cheaper than the variable rate at the time.

You can find private student loans with a lower interest rate than federal student loans — but it's likely one with a variable interest rate and for borrowers with excellent credit.

But with five - year variable mortgages now about 1 % lower than fixed, prospective homeowners and those close to mortgage renewal are faced with a dilemma as they anxiously try to anticipate whether rates will continue to spike.

But if you are planning on paying back your loan over the course of 5, 10, or 15 years, then your low variable rate today will likely rise — maybe even higher than whatever rate you had before refinancing.

The variable rate offer may be lower than a fixed rate, but your payments can change on a monthly basis.

Variable interest rates are typically lower than fixed interest rates but may turn to be higher over time if market conditions worsen.

For that reason, the best idea may be for you to take out a fixed interest rate in 2018, rather than a low interest variable rate loan.

Variable - rate mortgages usually offer a lower initial rate than you'd get on a fixed - rate mortgage, and you stand to benefit if the prime rate drops.

But he points out that variable rate mortgages are only about half a percentage point lower than the fixed rates that are being offered today.

The good news is, if you're planning to accelerate your student loan payoff, variable interest rate loans are generally much lower than fixed rates.

The security of locking in a constant, predictable mortgage payment for the long term was more valued than hunting for the lowest possible variable rate mortgage.

Variable rates can be much lower than fixed rates, but they can change over time.

Starting APRs are slightly lower than those at U.S. Bank (you can also opt for a variable rate on your loan), and you can select from terms up to seven years.

It's a good idea to pick a variable interest rate for your home equity loan as it could mean your interest rate could drop even lower than 4 %.

Variable interest rates often start out lower than fixed rates, which makes them appealing to borrowers.

Variable interest rate loans may have lower rates than credit cards, but it pays to watch the rates on these since the interest rate could increase.

Variable interest rates start out lower than fixed, but they have the potential to balloon up with the market.

Are you offered a lower variable rate than the fixed rate?

Variable rate loans start off with lower interest rates than fixed rate loans with similar repayment periods; however, the interest rate fluctuates as the interest rate of the base index changes.

However, variable rate loans can sound scary up front, even though their interest rates are typically lower than a fixed rate loan.

Variable rates start lower than a fixed rate but are tied to a market index (in our case, 1 month LIBOR) so they go up and down over time as that index changes.

Say you can pay off your student loan debt quickly — a variable rate student loan may be a cost - saving solution if the rate is lower than the available fixed rate, and does not increase above the available fixed rate during the repayment period.

Variable rates are not evil in and of themselves; home owners simply get themselves in trouble by focusing only on the low interest rate rather than the plan to actually pay back the loan before the bank raises the rate or the market changes cause an increase in the monthly payments of a home owner.