Sentences with phrase «paid over the lifetime»

More importantly, the amount of interest you pay over the lifetime of the loan will be about the same.

The alternate repayment plans may have lower monthly payments, but this increases the term of the loan and the total interest paid over the lifetime of the loan.

However, by extending the term of a loan the total amount of interest paid over the lifetime of the loan is increased.

If you're married, you usually have the option to elect a higher retirement benefit paid over your lifetime, or a smaller benefit that transfers to your spouse after your death.

The lower your credit score, the more you're going to pay over the lifetime of your loan and vice versa.

The Town of Lewiston, Niagara County Legislature and the villages of Lewiston and Youngstown, as well as the Lewiston - Porter school district, have voiced their dissent despite the risk of losing out on the millions of dollars in revenue from taxes and fees that CWM would pay over the lifetime of the new landfill.

The proposed expansion is opposed by four local governing bodies and the Lewiston - Porter Central School District, which stands to lose nearly $ 1 million a year in projected tax revenue that CWM would pay over the lifetime of the new landfill.

However, be aware that it also means more interest is paid over the lifetime of the home loan.

The alternate repayment terms can reduce the size of the monthly payments by as much as 50 %, but at a cost of increasing the total interest paid over the lifetime of the loan by as much as 250 % or more.

But while this means more interest is paid over the lifetime of the mortgage, it also means mortgage approval with poor credit scores is more likely.

(It is best to tell them to treat it as a reduction to principal, since this will reduce the amount of interest you will pay over the lifetime of the loan.)

As the table illustrates, increasing the loan term reduces the size of the monthly payment but at a cost of substantially increasing the interest paid over the lifetime of the loan.

This can make the monthly payments more affordable and management, but it does increase the total interest paid over the lifetime of the loan.

For example, increasing the loan term to 20 years may cut about a third from the monthly payment, but it does so at a cost of more than doubling the interest paid over the lifetime of the loan.

For example, some lenders have encouraged student to include Perkins loans in a consolidation loan and most lenders encourage borrowers to chose a longer loan term despite the increase in interest paid over the lifetime of the loan.

This can depend on agreeing a longer loan term, which means more interest paid over the lifetime of the loan, but also more affordable monthly repayments.

Also, since the consolidation resets the term of the loan, this may reduce the monthly payment (at a cost, of course, of increasing the total interest paid over the lifetime of the loan).

If you examine the gender gap in pay over a lifetime, women make $ 434,000 less than men, according to a fact sheet from the Democratic Policy and Communications Center.

I start by looking at looking at income over a lifetime, expenses over a lifetime, and then how much interest we might pay over a lifetime.

Your mortgage term will have a huge effect on the amount of your weekly, biweekly or monthly mortgage payment as well as the amount of interest you pay 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.

This means that not only will your monthly payment be more affordable, but the actual amount of money you pay over the lifetime of the loan can be lower than if you'd borrowed the same amount of money using an unsecured loan.

The negative side to this deal is that more interest will be paid over the lifetime of the home loan mortgage, but this is generally acceptable when approval and the home most wanted is made attainable.

Many lenders use different interest rates, such as factor rates or simple interest rates, to express the cost of a loan, and many times these rates do not include additional fees that a borrower will pay over the lifetime of the loan (e.g., origination fees, service fees, etc.).

This offers an income stream that is paid over a lifetime.

Of course, this doesn't include realty taxes, land transfer taxes and HST that would be paid over a lifetime.

The calculator can generate charts that compare monthly payments, total payments, and total interest paid over the lifetime of the loan.

Included in the loan is the interest on the loan that you will pay over the lifetime of it.

However, unlike traditional life insurance where premiums may be paid over a lifetime, linked benefit policies require either a single lump sum premium payment or a series of up to 10 annual payments.

Not exact matches

Consider our A / C example again: «The energy savings you get by cooling your home with a CryoQuad Quiet - Cool can pay back the cost of the unit by the end of the summer if you get it now... and save you hundreds of dollars more in energy costs over the lifetime of the unit.»

It tends to emphasize ownership — buying a house and a car and paying them off over a lifetime.

But over the course of time it's actually more attractive for Adobe because of higher lifetime value from our customers — they're paying us a little bit each month... and we ultimately do better financially over the long run.»

It's also important to be aware of how much you're paying in fees on your retirement savings — ultimately, it could cost you upwards of $ 100,000 over a lifetime to maintain your retirement savings.

One reason is that patent holders have to pay maintenance fees on patents several times over their 20 - year lifetimes.

They need to lower their monthly payments, and are okay with paying more over the lifetime of the loan

CBS News explains if your credit is merely good, not excellent, «you'll pay about $ 30,000 more over your lifetime than that individual with excellent credit.»

In 2014, the Center for American Progress estimated that a typical worker who starts saving at age 25, earns $ 30,502 and pays a 1 percent investment fee will end up spending nearly $ 140,000 in fees over his lifetime.

Assuming the couple pays $ 150 a month, that's another $ 66,600 in insurance premiums over their presumed lifetimes.

You pay much less interest over the loan's lifetime.

Stretching out the term of your loan as long as possible through extended payments or income - based repayment can help to reduce the monthly payment to a more affordable level and improve cash flow, though keep in mind that you could end up paying more in interest over the lifetime of the loan.

Since interest rates are averaged, you'll pay roughly the same amount of interest over the lifetime

That encompassed paying for fulltime child care, always having a «Plan B» and a «Plan C» and viewing life - work balance «over a lifetime,» rather than always in the present.

Most of us have several financial goals over a lifetime, such as buying a house, paying for college, travel, retirement, etc..

Tired of the unappreciative arsenal fans being negative about wenger here we have a club legend one that your luckily alive to witness in your lifetime and man who actually loves the club with heart on sleeve remember the growth the consistency the beauty in our football style and being awed at by clubs around the about the joy of watching an arsenal wenger side play yea soon enough he will be gone hes 68 and uh oh there gos the guy who constantly over the years beat spurs made champions league the invincibles put your belief in the team and him relish what we have and in his tenure we get to be one of the few who get to worry oh maybe we wont finish this year but wait will be top five and probably win a cup or make to or near the final for 21 22 years straight phew wow that could be of been worse had me there for a moment thats all i had to worry about as a fan glad im witnessing a club legend real cub passion not a paid fake smile who will go to another club maybe a rival jose mourinho so stop being a silly nanny negative easy to be worse and it will be after he leaves will go up and down for a bit

WHEREAS, this pay differential shortchanges women and their families by thousands of dollars a year, and potentially hundreds of thousands of dollars over a lifetime, presenting a lifelong threat to those families» economic security and reducing their earnings through Social Security and other post retirement plans; and

Women lose $ 324,000 in wages and retirement benefits over a lifetime and men lose $ 284,000 without a national paid family leave program, according to a statement issued from Gillibrand's office Tuesday.

If we base income taxes on income and wealth, then Gatsby is going to pay far fewer taxes over his lifetime than Warren, despite the fact that they are both people with the same lifetime income.

Over a lifetime, the extra charges paid for late fees, payday loans, and higher interest rates can cost families hundreds of thousands of dollars.

Degree holders also pay far more in taxes and cost less in public - welfare spending over their lifetimes, with bottom - line estimates ranging from $ 250,000 to $ 500,000 per person.

The highest paid retiree was the superintendent of the Commack school district, who has an annual pension of $ 325,000 (based on a final salary of over $ 655,000), the lifetime equivalent of over $ 5.5 million (a true pension millionaire).