Sentences with phrase «monthly discretionary»

Once enrolled in a PAYE plan, borrowers» monthly payments will be capped at 10 % of monthly discretionary income.

The ultimate goal is to shift as much of your monthly discretionary and nondiscretionary spending as possible onto your rewards credit card.

They base your payment amount on 15 % of your monthly discretionary income.

Income - driven repayment plans set affordable student loan monthly payments at 10 percent of monthly discretionary income.

Monthly payments are capped at 10 % of monthly discretionary income.

The goal is that you can afford your monthly payments by capping the amount at 10 - 15 % of your monthly discretionary income.

If you find that your federal student loan payments are more than 10 - 15 % of your monthly discretionary income, you may be able to qualify for a program that would cap your monthly payment.

Under this repayment plan, your student loan payment is only 15 % of your qualifying monthly discretionary income.

Once enrolled in a PAYE plan, borrowers» monthly payments will be capped at 10 % of monthly discretionary income.

The right plan will cap your student loan payments at 10 % of your monthly discretionary income.

The most flexible repayment plans are income - based; monthly payments are ten percent of your monthly discretionary income (income left over after paying your rent or mortgage, utilities, and other debt).

Income - Based Repayment (IBR) plans are available to borrowers with Federal Direct and federally - guaranteed loans who have a financial hardship with the amount on the eligible loans exceeding 15 % of your monthly discretionary income — anything left over after paying your taxes, food, shelter, and clothing expenses.

Through these repayment options, which include income - based, income - contingent, Pay As You Earn and Revised Pay As You Earn, a borrower's monthly student loan payment is capped as a percentage of monthly discretionary income, recalculated each year.

Under the IDR plan, borrowers would pay up to 15 percent of their monthly discretionary income; borrowers who have loan balances up to $ 57,500 would receive forgiveness after 20 years of repayment, while those that borrow more than $ 57,500 would receive forgiveness after 25 years of repayment.

Qualifying borrowers will find their monthly payments set at no more than 15 % of their monthly discretionary income, and will have any remaining loan balance forgiven after 25 years of repayment.

The first ceiling is defined as 20 % of your monthly discretionary income, which is defined as your adjusted gross income minus the federal poverty line for your family size and state.

Under IDR plans like PAYE and REPAYE, your monthly payment is equal to 10 percent of your monthly discretionary income.

The right plan will cap your student loan payments at 10 % of your monthly discretionary income.

With this plan, you will only be required to pay 10 % - 20 % of your monthly discretionary income (that is your total income minus what is deemed necessary to live).

Through these repayment options, which include income - based, income - contingent, Pay As You Earn and Revised Pay As You Earn, a borrower's monthly student loan payment is capped as a percentage of monthly discretionary income, recalculated each year.

Not exact matches

Desjardins Capital Markets analyst Maher Yaghi, for one, expected a reduction of $ 5 to $ 10 in monthly revenue per user «as customers get the option to choose the channels they want to watch and move discretionary money toward OTT (over-the-top) services such as Netflix.»

It also offers income - based repayment programs, which allow you to cap your monthly loan repayments at 10 to 15 percent of your discretionary income.

Monthly payments under IBR and PAYE repayment plans are capped at 15 or 10 percent of your discretionary income, based on federal guidelines.

Monthly payments are capped at 10 percent of your discretionary income.

Monthly payments are calculated at 20 percent of your discretionary income, which may or may not be lower than the Standard Repayment Plan you currently have.

Your prospective monthly payments must be smaller than your standard payments in order to qualify for PAYE plan, which are calculated at 10 percent of your discretionary income.

The monthly payment with the PAYE option is capped at ten percent of discretionary income, and payments are recalculated every year based on income and family size.

With the REPAYE program, monthly payments are capped at ten percent of the borrower's discretionary income, recalculated every year based on income and family size.

This plan caps your monthly payments at 20 percent of your discretionary income for up to 25 years.

Under an income - contingent repayment program, borrowers with Direct Stafford loans of any kind, PLUS loans made to students, and consolidation loans have their monthly payment based on the lesser of 20 percent of discretionary income or the amount due on a repayment plan with a fixed payment over 12 years, adjusted for income.

This plan caps your monthly payments at 20 % of your discretionary income or the amount you would pay on a fixed 12 - year plan, whichever is lower.

Income - driven plans set your monthly payment at between 10 % and 20 % of your discretionary income and increase your loan term from the standard 10 years to 20 or 25 years.

In general, these Income - Driven Repayment plans are best for borrowers whose monthly payment on their federal loans is more than or a sizable portion of their discretionary income.

To ensure what you pay each month is affordable for your particular financial situation, your monthly payment is set as a percentage of your discretionary income, typically between 10 % and 20 %, based on the plan.

While each plan varies, the premise of all four is the same: Your monthly loan payment is capped at a percentage of your discretionary income, and your repayment term is extended.

With IDR, the government looks at your discretionary income and family size to determine your monthly payment.

Many borrowers entering plans requiring monthly payments of only a percentage of their discretionary income could afford to pay a greater amount but chose not to because they don't understand just how much more in interest they pay.

However, some plans are only available to borrowers who are considered «new borrowers» after a certain date, and some plans base a borrower's monthly payments on 10 percent of discretionary income while others base payments on 15 or even 20 percent.

These plan types will either modify the monthly payment to a percentage of discretionary income — or a payment may not be required.

Income - based repayment or IBR caps your monthly payment at either 10 or 15 percent of your discretionary income, depending on when you took out your loans.

ICR plans are more restrictive than newer income - driven plans like PAYE and REPAYE, requiring monthly payments equal to either 20 percent of discretionary income, or what the borrower would pay on a 12 - year fixed repayment plan, whichever is less.

Income - driven repayment plans — which cap your monthly payments at a percentage of your discretionary income, usually 10 percent or 15 percent — can be a good solution for student loan borrowers who are in a bind.

Under IDR plans, the government extends your repayment term to 20 to 25 years and caps your monthly payments at a percentage of your discretionary income.

With Pay As You Earn, your monthly payments are limited to 10 percent of your discretionary income.

After consolidating, you can apply for an income - driven plan that extends your loan term and adjusts your monthly bills based on your discretionary income.

Under this income - driven repayment plan, your maximum monthly payment is capped at 15 percent of your discretionary income.

Enrolling in an IDR plan could lower your monthly payments since the amount you pay would be based on a percentage of your discretionary income.

The REPAYE plan caps your monthly payments at 10 percent of your discretionary income.

REPAYE and PAYE typically cap your monthly payments at 10 percent of your discretionary income.

Programs such as Income - based Repayment (IBR), Pay As You Earn (PAYE), and Revised Pay As You Earn (REPAYE) cap your monthly payments at 10 to 15 percent of your discretionary income.