Sentences with phrase «money over the lifetime of your mortgage»

For example, some mortgages don't allow for additional or increased payments, while others allow you to pay down your principal mortgage amount by up to an additional 20 % per year, saving you money over the lifetime of your mortgage.

By working with us for your home purchase or mortgage renewal, we can save you substantial amounts of money over the lifetime of your mortgage.

Not exact matches

For example, financial planner and Texas Tech associate professor John Salter demonstrated how different claiming strategies, such as filing and suspending and filing a restricted application, that can significantly boost the amount of inflation - adjusted Social Security payments over a lifetime and how a reverse mortgage might be used as a back - up line of credit that can be drawn on during prolonged market downturns to reduce the chance of running out of money.

All this reduces to one big benefit: You'll save money, possibly thousands of dollars over, for example, the lifetime of a mortgage.

If your budget permits, you could lock in payments that match a 15 - year amortization schedule, which would effectively help you shave more money off your mortgage principle faster, effectively shortening your mortgage term and reducing the total amount of interest required over the lifetime of your mortgage.

Imagine the amount of extra money you could pay over the lifetime of a longer debt, like a 30 - year mortgage.

I'm talking about those other people over there, the ugly ones who earn less money, marry lower - earning spouses, get offered worse deals on mortgages, and basically get hosed throughout life to the tune of about $ 230,000 in lost lifetime earnings according to some studies.