Sentences with phrase «paid over the term»

While that may result in more interest being paid over the term of the loan, a lower monthly payment allows for the following:

All combining a closing cost with the total Ontario home mortgage accomplishes is more interest to be paid over the term of the loan.

* While consolidation may decrease your overall monthly payment obligations, refinancing pre-existing debt with a home equity loan / line will require you to give us a security interest in your home and may increase the total number of monthly debt payments, as well as the aggregate amount paid over the term of the loan.

You should consider refinancing right away, because not only will your payments usually be lower, but you will significantly reduce the interest you pay over the term of the loan.

Variable interest rates can be a good idea if interest rates are low and it appears they will stay that way; but if interest rates do go up, so can your payments and the overall amount of interest you will pay over the term of the loan.

The downside to this plan is that the amount of interest paid over the term of the unsecured loan is more, making the cost of the loan greater.

Look at the amortization table for your mortgage and write down the date of the last payment and the total interest paid over the term of the mortgage.

The higher your interest rate, the larger amount of money you will pay over the term of your loan.

Compared to the other initial repayment plans, the Standard Plan will minimize the amount of interest you pay over the term of the loan.

Having a cosigner for your personal loan after bankruptcy will not only improve your chances of getting the loan, but also reduce the amount of interest charges that you will pay over the term of the loan as well.

While that may result in more interest being paid over the term of the loan, a lower monthly payment allows for the following:

Either the policy pays out or your premiums paid over the term are returned.

The sum of all the premiums paid over the term is paid back to the insured.

The good news is that if you do nothing at all, the total premiums you would have paid over the term would be the same as if you had not participated in the program.

Even though your initial no medical exam term life insurance quote was for $ 119, the average you would pay over the term is $ 182 per month.

Finally, in an LPP the absolute premiums paid over the term of the plan is less than sum total of the premium paid in a regular plan.

At the end of the policy period (30 years), John is still alive, so the insurance company sends John a check for $ 22,320 which represents the premiums he has paid over the term of the policy.

ATLANTA — The governor has signed legislation that will protect commercial real estate brokers from losing commissions paid over the term of a tenant's lease.

What they are essentially saying to the seller is that they are going to buy their property for 875k, but if the seller is willing to hold that note for 875k (or maybe less depending on if they also give the seller cash as a downpayment which could sweeten the deal) then with the interest paid over the term, they will effectively be netting a higher profit than 875k on the property because they also made money from the interest on loaning the money.

Comparing those recent rate changes, if you had borrowed $ 200,000 at 3.5 percent for 30 years, your monthly payment would be $ 898 with a total of $ 123,312 in interest paid over the term of the loan.

Not exact matches

It will actually save the province money over the long term because there are many investors who are prepared to pay to invest in specific green initiatives, he said.

Financial terms weren't disclosed, but Salesforce indicated it would pay $ 44.89 per share for MuleSoft, a price that represents a 36 % premium over Tuesday's closing price.

One of the reasons the IMF has changed its tune on fiscal policy is because research it has done in the past year shows that borrowing to pay for infrastructure pays for itself over the longer term by generating faster economic growth.

A new report finds that the vast majority of short - term payday loans — 4 out of 5 — are not paid off within 14 days and are rolled - over or renewed.

The state's building commissioner says contractors and suppliers need to be paid within 50 days, as controversy over the extension of Rio Tinto's payment terms continues.

Apple's long - term debt has grown to almost $ 100 billion over the past few years partly because it needs a source of funds to buy back stock and pay dividends.

And there is also no doubt that Apple's devices have benefited from group infatuation, a phenomenon that has often favored a product or a class of designs based on an allegiance that the devotees themselves have difficulty defining in coherent terms, as by people willing to pay high premiums for German engineering even after decades of Consumer Reports evaluations have failed to demonstrate any stunning superiority of German cars over Hondas and Toyotas.

Ten - year maturities are available for loans for equipment and working capital (though seven - year terms are more commonplace), and loans for real estate and major equipment purchases can be paid back over as long as 25 years.

While the residents of Britannia rank 15th in terms of average net worth, their average annual income, at over $ 1.3 million, makes them the highest - paid on the entire ranking.

Glickman put in $ 80,000 of his own money over time and would occasionally make short - term loans to the company; later his father would end up lending the company $ 100,000, which was paid back in full, with interest, within a year.

If Exxon's compensation committee wishes to really enforce longer term views, they must not only do it in the time horizons over which pay is doled out but also in the time horizons of the metrics used to determine pay itself.

One advantage C corporations have over unincorporated businesses and S corporations is that they may deduct fringe benefits (such as group term life insurance, health and disability insurance, death benefits payments to $ 5,000, and employee medical expenses not paid by insurance) from their taxes as a business expense.

Yes, you'd be paying about $ 227,000 in interest over the life of the loan compared to $ 22,000 over a single year, but think about the $ 38,000 a month you'd be saving on payments with the longer - term loan.

Rosenstein says that the company's average oil and gas production over three years has a significant impact on management's long - term incentive pay, which makes up the largest part of its compensation.

Term loans are a lump sum of cash you pay back, plus interest, over a fixed period of time.

There is every reason to think the program will pay for itself through faster economic growth over the medium term.

As the owner of more than 90 % of voting stock at the company, Adderley has control over the election of the company's board directors, its advisory Say on Pay vote, and, at the coming May annual meeting, to renew the Kelly's short and long - term compensation plans.

(In case you're interested, LeBron James was the highest paid player, in terms of salary, at nearly $ 31 million — and Curry's teammate, Kevin Durant, made over $ 26 million.)

Takeover specialists and their investment bankers pore over balance sheets to find undervalued real estate and other assets, and to see how much cash flow is being invested in long - term research and development, depreciation and modernization that can be diverted to pay out as tax - deductible interest.

Your taxable income will not see the same short - term benefit as a traditional, but when you start pulling from your nest egg, there will be no paying the taxman on all of the millions in compound interest you have accumulated over your working career.

Paying a significant portion of variable compensation to our senior employees in the form of equity - based compensation that delivers over time and is subject to forfeiture or recapture encourages a long - term, firmwide focus because its value is realized through long - term responsible behavior and the financial performance of our firm.

Borrowers will pay more over the life of the loan than in a standard repayment plan, although monthly payments are often lower due to the extended repayment term.

If you prefer to pay back your loan over a shorter period of time, Kabbage offers terms of six or 12 months.

The higher the price an investor pays for that expected stream of cash flows today, the lower the return that an investor should expect over the long - term.

Specifically designed to pay for the purchase of equipment and machinery, equipment loans are similar in structure to a conventional loans, with monthly repayment terms over a long period.

Or you could choose a longer repayment term with lower monthly payments (though with this strategy you may pay more in interest over the life of your loan).

As a general rule, a short - term loan will have a higher periodic payment, but a lower total interest cost of the loan when compared to a longer - term loan — even if that loan includes a lower interest rate, because the business is paying interest over a longer period of time.

For those that can qualify, bank loans have some of the lowest APRs and most competitive terms: you can usually borrow up to several million dollars and pay back the loan over five to 25 years.

I think over the long term this strategy will really pay off for me.

Because the repayment term is longer, interest has more time to add up and you can end up paying thousands more over the duration of your loan.