Sentences with phrase «on interest over the life of the loan»

While you will save on interest over the life of the loan, this isn't helpful if you can't make the payments now.

Choosing to pay points to capture a lower mortgage rate can lower your monthly payment and save money on interest over the life of your loan.

A longer loan term means you'll pay interest on the balance for a longer amount of time, adding up to extra money spent on interest over the life of the loan.

In the times of tight economy, shopping for best interest rates is extremely important as it allows for significant savings on interest over the life of a loan.

The difference of a few percentage points, especially for longer loans, can result in spending thousands more on interest over the life of a loan.

Not only that, you could potentially save thousands of dollars on interest over the life of your loan.

If you can afford the higher payments of a shorter loan term, you will save significantly on interest over the life of the loan.

Generally, there is no penalty for making extra student loan payments, and it can help you spend less on interest over the life of the loan.

While you will save on interest over the life of the loan, this isn't helpful if you can't make the payments now.

The advantage of paying your mortgage bimonthly is that you save a little on interest over the life of the loan.

If you qualify to refinance student loans at a lower interest rate, you can lower monthly payments or shorten payment term, plus save money on interest over the life of the loan — money that will come in handy for those other financial goals you've both agreed to pursue.

If you can swing the large monthly payment, you'd save roughly $ 80,000 on interest over the life of the loan and make 180 fewer monthly payments.