Sentences with phrase «original loan benefits»

Keep in mind if you go with this option, you can lose your original loan benefits.

Not exact matches

The terms are designed to mirror the benefits that such loans typically have by offering a structure that is not a million miles from the original loans.

You may also lose benefits on your original loans, such as interest discounts or cancellation benefits.

The other reason is that consolidating certain federal loans (like PLUS loans) opens up some new benefits that you may have been ineligible for under the terms of your original loan.

Nonetheless, we found that the benefit from refinancing was quickly eliminated once the rate lock expired, and was actually $ 58,000 more expensive than the original loan if left outstanding until maturity.

Managing college debt may be dependent on securing good terms in the first place, but the benefits of the original loans could be lost if the program is not right.

** By refinancing federal student loans, you may lose certain borrower benefits from your original loans, such as interest - rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans.

One of those benefits is that when mortgage payments are made some percentage of that payment is applied to the original loan amount.

You can benefit from reduced monthly payments and lower interest rates that also save thousands of dollars on the original value of the loan.

Consolidation may result in the loss of benefits the original loans offered including: discounted interest rates, principal rebates or loan cancellation benefits.

Most mortgages allow you to prepay 20 % of the original value of the loan which is way more than most people can pay down so they don't benefit at all from the ability to put down more than 20 %.

If the original loans have any benefits such as interest rate discounts, rebates or forgiveness possibilities, these may be lost in the consolidation process.

For the original student loans, the projected lifetime costs are calculated using the weighted average term of the original loans and the weighted average interest rate in effect in the month prior to the refinance event, including borrower benefits (e.g. automatic payment discounts).

One unique benefit with First Republic loans is that it gives you back the interest that you paid on your loan up to 2 percent of the original balance of the loan if you pay off your loan in full in four years.

If you die with a loan on the policy, your beneficiary will receive the original death benefit amount minus the loan amount.

You can benefit from a decreased annual mortgage insurance premium and up - front mortgage insurance premium if your original FHA loan was endorsed on or before May 31, 2009 (saving money is always a plus, right?)

The projected state fund would provide up to # 200,000 in grants and loans on a matched funding basis to any UK game company working on new or original IP (i.e. existing UK made original IP could benefit too).

So the good news here, in the context of your original question, is that dying with a life insurance policy with a loan does not create an income tax issue, because the loan is implicitly repaid from the tax - free death benefit of the insurance policy itself.

Your cash value reverts to $ 50,000 plus, whatever the cash value increase was while you had the loan, but, the death benefit may or may not revert to the original $ 500,000.

The benefit may include the original or basic policy death benefit, dividends, and supplemental benefits as reduced by any outstanding policy loans, loan interest, prior policy withdrawals etc. as applicable.

With Seller Financed offers, I would attach a letter explaining the gross proceeds they'd receive over the life of their loan (adding the total interest to the original purchase price) and remind them of the tax benefits of spreading out the income.