Sentences with phrase «means paying less in interest»

A solid credit rating makes loan approval easier, and it usually means paying less in interest to boot.
A solid credit rating makes loan approval easier, and it usually means paying less in interest to boot.
Play around with amounts to see how putting more toward your balance every month will mean paying less in interest charges over time.

Not exact matches

At least some households would use the funds to pay down debt, meaning the money would flow to the banking sector anyway, but with one critical difference: household debt would actually decline, leaving household balance sheets in better shape and owing less interest every month.
Transferring the illegal bettors to the regulated marketplace would mean more taxes paid, more interest in leagues, and less crime.
A shorter loan term means saving money, since you'll pay less in interest and may even get to refinance to a lower - interest rate loan.
Another benefit is that the more money you put down, the less you borrow, meaning you'll pay less in interest payments over the life of the loan.
A higher score means lower rates and less paid in interest.
While this may seem like bad news, it'll mean much less will be paid in interest over the shorter term and the mortgage will be paid off much quicker.
This means most clubs interested in buying them will not want to pay salaries that high, meaning the players prefer to stay at Arsenal to collect their higher wages than to go to a club that pays them less.
A lower interest rate means that even after all those monthly payments, you will have paid much less in interest on top of it.
A 15 - year loan means you will pay less in interest, but your monthly payment will be higher because you'll be paying off the loan amount faster.
A lower interest rate means lower interest charges per month, which in turn means that a larger portion of your monthly payments go towards paying your car loan principal (i.e. how much you borrowed) and less goes towards paying interest to your lender.
Meaning, you would pay less in interest each month.
Borrowers with less equity in their homes are seen as bigger risks, meaning that they'll pay higher interest rates and insurance costs.
If you have debt or sometimes carry a balance, a lower APR means you'll pay less in interest.
From a historical perspective, the variable mortgage rate is often lower, meaning homeowners pay less in interest overall.
You would enjoy a sizeable reduction in price, which means borrowing less and paying less interest in the process.
The more debt a company has the more interest in needs to pay, interest is a burden on cash flows and mean there is less available cash to fund the dividend.
This means less interest that you pay in the end.
Alternatively, you can choose a shorter term with higher monthly payments, which means you'll pay less interest in the long run.
Shorter loans mean higher monthly payments, but you'll pay less overall in interest and pay off the car more quickly.
That means that you're paying less in interest each year, since your principal is lower (less principal = less interest).
Keep in mind that the more you pay upfront, the less you'll need to borrow, which in turn means lower monthly payments and less you'll pay in interest over the life of the loan.
For example, extending your term could mean you pay less on your mortgage every month but you'll pay more interest in the long run.
Consolidating or refinancing loans can work for some people if it means they will pay less in fees and interest.
In addition to making the monthly payment more manageable, lower interest rates also mean you pay less interest over the life of the loan.
That means every new dollar you put into your bond fund will have a higher expected return than in the past, because you're paying less for every dollar of interest.
This means paying less interest in the end, saving you money.
This means you get to be debt free sooner, and you pay much less in interest than you would with credit cards.
The more interest you pay off while you're in school means you'll pay less overall in the future.
A better interest rate means you pay less in the long run when paying off your loan.
The higher your credit score, the lower your interest rate, which means the less interest you'll be paying in your payments.
Your student loans may have a high interest rate, but if you have good credit, you can usually consolidate your loans for a lower rate, which means you'll be paying less money in the long run.
That means that you will have to take out fewer student loans — and pay less in interest.
However, shorter term fixed loans can result in you paying less interest, meaning the 25 - year loan could save you money over the entire term of the loan.
Not only is it an opportunity to get an even lower interest rate, but if they've already paid down some principal, it should mean less of a jump in monthly payment.
The manner in which some financial advisors are paid means Vettese's four «enhancements» (I'm not counting reverse mortgages here) may not be in the advisors» financial self interest: that is, some less reputable advisors may be more concerned about their own retirements than that of their clients!
Higher inflation can also results in higher interest rates which will result in higher mortgage costs, so paying down the mortgage now means that much less interest to pay should rates rise.
Having less than 20 % down means that on a $ 375,000 home you'll have to fork over nearly $ 10,000 in mortgage insurance premium, and pay more than $ 55,000 in interest in the first five years, assuming a mortgage of just 3.25 %.
If you pay $ 1250 per month, you'd have the loan completely paid off in 24 months, paying a total of under $ 29.8 k, meaning that you will have paid less than $ 1800 in total interest.
Consolidating or refinancing your loans can work for some people if it means they will be paying less in fees and interest.
A shorter term means a larger monthly payment but a lower interest rate, resulting in less paid over the life of the loan.
I also believe that rate rises are coming in the future, based on the talk from the BofE, so any money I pay off now means guaranteed less interest to pay in the future.
What did the trick for me was realizing that keeping my retirement money in a bank savings account that paid less than 1 % interest actually meant I was LOSING money due to inflation.
You'll get a 1099 - OID if, in a brokerage account, you owned an individual bond (or other interest - bearing investment) that was originally purchased at a discount — meaning that you paid less than face value.
Borrowing money at an interest rate below inflation means that you will actually make a profit in real terms, since you will pay back less real value than you borrowed.
In 2011, the five big banks in Canada paid out less than 2 % on their RESP's Group providers are fewer and some of these are non-profit foundations — this will explain the higher rate of interest earned (4.7 to 7.4 % in 2011) Students also benefit from additional monies from attrition and enhancement, and group plan fees are up front, yes, but some providers refund some or all of your fees at maturity — you will never see a bank return your fees (or any mutual based investment) Investing in bonds or GIC's is certainly safe, but you won't collect any government grant unless you're in a registered RESP — this can mean 20 - 40 % more money for your chilIn 2011, the five big banks in Canada paid out less than 2 % on their RESP's Group providers are fewer and some of these are non-profit foundations — this will explain the higher rate of interest earned (4.7 to 7.4 % in 2011) Students also benefit from additional monies from attrition and enhancement, and group plan fees are up front, yes, but some providers refund some or all of your fees at maturity — you will never see a bank return your fees (or any mutual based investment) Investing in bonds or GIC's is certainly safe, but you won't collect any government grant unless you're in a registered RESP — this can mean 20 - 40 % more money for your chilin Canada paid out less than 2 % on their RESP's Group providers are fewer and some of these are non-profit foundations — this will explain the higher rate of interest earned (4.7 to 7.4 % in 2011) Students also benefit from additional monies from attrition and enhancement, and group plan fees are up front, yes, but some providers refund some or all of your fees at maturity — you will never see a bank return your fees (or any mutual based investment) Investing in bonds or GIC's is certainly safe, but you won't collect any government grant unless you're in a registered RESP — this can mean 20 - 40 % more money for your chilin 2011) Students also benefit from additional monies from attrition and enhancement, and group plan fees are up front, yes, but some providers refund some or all of your fees at maturity — you will never see a bank return your fees (or any mutual based investment) Investing in bonds or GIC's is certainly safe, but you won't collect any government grant unless you're in a registered RESP — this can mean 20 - 40 % more money for your chilin bonds or GIC's is certainly safe, but you won't collect any government grant unless you're in a registered RESP — this can mean 20 - 40 % more money for your chilin a registered RESP — this can mean 20 - 40 % more money for your child.
These changes might not sound huge, but it means the difference of paying thousands less in interest every year.
During your research, keep in mind shorter repayment terms typically mean you will pay less interest than if you had chosen a longer repayment (assuming the rates are equivalent).
a b c d e f g h i j k l m n o p q r s t u v w x y z