Sentences with phrase «more than the amount you borrowed»

One thing about debt is that, you will end up paying more than the amount you borrowed as a result of interest and other incidental fees.

Due to interest capitalization, a process where unpaid interest and loan fees are added to the outstanding principal balance of a loan, the amount of money you repay on a private student loan can be significantly more than the amount you borrowed.

There are other ways you can get money without having to pay back much more than the amount you borrow.

One thing about debt is that, you will end up paying more than the amount you borrowed as Continue ReadingAfter Paying Off Debt, What Next Must I Do?

For most home sales, this would not be a problem, as long as the appraisal was more than the amount borrowed.

some customers were unlikely to be able to make a claim as their car was insured for more than the amount they borrowed

If you look closely, you will probably be amazed that your loan will typically cost more than the amount you borrowed!

Remember, credit bureaus are more concerned with the habit of paying regularly, more than the amount borrowed, so borrow a low amount.

Not exact matches

In the fourth quarter, the average amount borrowed to pay for a new vehicle jumped more than $ 1,000 to hit a total of $ 30,621.

When you need to borrow even more than the original amount you requested, you can apply for more capital halfway through a one - year term or after 9 months for terms longer than one year.

If you need to borrow more than $ 150,000 or want a long - term loan, your choice between the two lenders is clear — LendingClub is the only one of the two that offers loan amounts higher than $ 150,000 and terms longer than one year.

It's typical for repaying the loan to cost more than twice as much as the original amount borrowed.

Jones boosted the amount of money he's managing, including borrowed capital, to more than 50 percent of his main hedge fund's net assets, according to the letter.

Keep your credit utilization low: There's more to the amount owed than the total amount of money you've borrowed.

For example, an undergraduate borrowing the maximum of $ 5,500 for the first year, $ 6,500 for the second, and $ 7,500 for the last two years of college would save a pretty penny on the aggregate amount of $ 27,000 — more than $ 59 per month after payments start.

If you want to borrow more than the amount that Fannie or Freddie can service, you have to get a jumbo loan.

It's possible to borrow more than these amounts, as long as your income supports it.

But trade unions warned the changes were coming too late for many, after a survey this summer showed people are borrowing # 660 a month, more than treble the amount seen in March 2012.

So each month we're borrowing less and the amount we owe is increasing more slowly than if the the deficit had remained the same.

Under the settlement, Oyster Bay agreed to accept $ 26.7 million from the county in return for dropping legal claims of more than $ 37 million — the amount the town borrowed to settle lawsuits from Verizon and KeySpan.

The Uhuru administration has been accused excessive borrowing, with an estimate that it has borrowed much more than the accumulative amount borrowed by all past governments since independence.

He noted that, in the 6 years of the current NDC government administration, they have borrowed the equivalent of $ 27 billion, which is more than four (4) times the amount of money the NPP borrowed during its 8 yrs in power.

Just take the horrific scale of the numbers: borrowing over the next four years is projected to amount to # 394 billion — more than twice Alistair Darling was predicting only eight months ago.

That June decision may seem worlds away from biotech, but it aimed to lay out a definitive two - step test for deciding patent eligibility, Burk says, and it forms the backbone of the new guidance: If a patent claim describes «a law of nature, a natural phenomenon, or an abstract idea» (step 1), then it must amount to «significantly more» than what's found in nature — a phrase borrowed from the Mayo decision — in order to be patentable (step 2).

Even if we exclude the mortgage borrowing, which has a more ambiguous affect on long - term wealth given that house prices may appreciate by more than interest and depreciation, even just the auto loan increases exceeded the amount by which employees increased their savings.

I can't foresee making more money from the few (if any) borrows than the (admittedly few) sales I get from B&N and elsewhere, especially with the iffy way Amazon's planning to divvy up a pot of a set amount.

Businesses borrowing more than $ 75,000 need to demonstrate that they've been approved for comparable amounts in the past.

It is used to help promote awareness of the amount you are borrowing, as well as to help prevent borrowers from borrowing more than the total cost of attendance.

Characterized by lower upfront Mortgage Insurance Premiums and closing costs, the HECM Saver makes the reverse mortgage more affordable by allowing homeowners to borrow a smaller amount than the standard reverse mortgage.

If you need to borrow more than $ 300,000, the above four lenders all have loan amounts ranging up to $ 500,000 or more.

Your bad credit loan, as mentioned above, will cost more for you over the long run than borrowing the same amount of money would if another borrower with great credit took out the loan.

If you owe more than your current unsecured high credit rating (the highest amount you have borrowed from a lending institution without offering collateral), you probably will have to offer something up as collateral to receive a debt consolidation loan.

While the interest rate that you will pay to borrow money when taking out a payday loan will be more than you would pay if you were approved for a traditional loan, it is not usually higher than ten percent - although that figure can vary from lender to lender and may be based partially on the amount that you borrow.

However, with the FCA's caps on the fees, payday loans are fair, and the maximum amount of fees and charges that you may have to pay are capped at 100 % so you can never pay more than twice of what you have borrowed.

Even if home prices stay the same, if you have a loan that includes negative amortization (when your monthly payment is less than the interest you owe, the unpaid interest is added to the amount you owe), you may owe more on your mortgage than you originally borrowed.

Some lenders require the school to approve or certify your private student loan amount to help you avoid borrowing more than you need.

The lowest amount you can borrow is $ 10,000, which is a significance amount and more than some people might want to borrow.

The disadvantage of taking out a personal loan is that it can easily cost you more than the loan amount you borrowed.

Compared to SoFi, Upstart's minimum loan amount begins at $ 1,000, a lower, more accessible balance preventing car buyers from potentially borrowing too much money than they need just to secure a loan.

If the amount your school determines is more than you actually need, you can also borrow less money - something that will come in handy if it is your goal to pay off your student loans faster.

Since you are allowed to borrow a higher amount than you can from a payday loan, signature loans are more useful for big - ticket expenses.

If you need to borrow an amount that is higher than your credit limit and that you know you will need more than 15 months to pay off, a personal loan is a better option.

As a 30 year old with a mortgage, car payment, student loan, and credit card Sara is paying $ 420 more a month than Sally for the same amount borrowed.

When you need to borrow even more than the original amount you requested, you can apply for more capital halfway through a one - year term or after 9 months for terms longer than one year.

Always remember that you must pay back the full amount plus any interest in the time limit specified, so the amount you pay back will probably be more than you borrowed.

Think about the loan threshold carefully — you may get a better deal by borrowing slightly more than you need on a better interest rate, rather than settling for a smaller loan amount on a higher interest rate.

(It's also worth noting that, in many cases, creditors have already received enough in interest to more than cover the original amount borrowed, especially if the obligation is a credit card or some other high interest consumer loan.)

It can result in a borrower owing substantially more than the original amount borrowed.

Even if the amount you borrowed eventually exceeds the value of your home, you or your heirs will never owe more than the value of your home.

If a student is attending a professional school, a professional student line of credit is available with higher borrowing amounts, as graduate degrees and professional designations cost substantially more than completing an undergraduate degree.