Sentences with phrase «payment on the house»

In 1980, it took the typical Canadian aged 25 to 34 five years to save a 20 percent down payment on a house; now it's 12 years, or 15 if you live in Toronto, and 23 if Vancouver is home.

We save for emergencies, for down payments on a house, our children and their future needs, and we save for our future when we're not working, and in some form of retirement.

(If we were in debt or saving for a down payment on a house, however, I think those could be deliciously concrete and audacious goals.)

Sometimes, it's because you've put aside cash for a down payment on a house.

For instance, if you need to save money for a down payment on a house or you plan on retiring early, then a taxable account may be a good alternative to a standard savings account.

Swings in the monetary policies pursued by the Bank of Canada have obvious consequences on housing prices and interest payments on housing mortgages.

Diana Olick reports the details of a new platform that lets potential home buyers crowdfund the down payment on their house.

People who are looking to use their LIRA money to go back to school or as part of a down payment on a house will be disappointed: It's not permitted.

Young people often make less money, need to save for a down payment on a house, and spend a high percentage of disposable income raising their children.

A down payment on a house is the up - front payment a home buyer must provide in order to secure the amount that is borrowed.

Or, to make a down payment on a house in a few years.

With in three years of this plan, we had saved enough to put a down payment on a house.

«Our government introduced tax free savings accounts as a way for Canadians to save for retirement, their kids» education and the down - payment on a house,» Mr. Oliver.

At a glance: In many California cities, home buyers could afford the monthly payments on a house for about the same as what they would pay in rent, or even less.

Once the money is saved, we pretend it's gone, just a like a principal payment on a house that can't be reversed by simply transferring from your equity to your bank account.

I ended up cashing out much of my stock investments early in 2011 for a down payment on a house.

Others may hang onto it, saving up for a car, a down payment on a house, a home renovation or a big vacation.

He's on food stamps and often has to borrow money from relatives in order to keep making payments on the house.

Many homebuyers struggle to afford a down payment on a house and need to find alternative funding.

A lot of first - time buyers think that they have to save up 20 % or more for a down payment on a house.

USAA loans are suited best for military personnel and their spouses who can't afford a down payment on a house and first - time homebuyers who need guidance on buying a home.

We never use margin to buy stocks and have a large cash balance for emergencies and a future down payment on a house.

And: «The universe is merely a fleeting idea in God's mind — a pretty uncomfortable thought, particularly if you've just made a down payment on a house.»

Evans and her husband, Dan, helped to pay the lawyer's fee to register the Mission as a nonprofit, a decision that «felt as momentous as a down payment on a house,» Evans writes in a new book, Searching for Sunday: Loving, Leaving, and Finding the Church (Thomas Nelson).

«Had I stayed single, I would have turned it into a down payment on a house, but now that I'm approaching motherhood, it's good to have a solid nest egg,» she said.

«We could have made a payment on a house for that,» said this mother of two, whose home is an apartment in New Rochelle, N.Y. Among those strung out behind Marr and Nicklaus were Devlin at 284 and Player at 286.

In all seriousness, though, I would much rather spend those dollars on an amazing vacation or put them toward a down payment on a house.

I'll put a down payment on the house for you — that will save mailing costs.

They are hours from being homeless when a contest prize allows them to put a down payment on a house.

John is very much in love with his longtime girlfriend Elaine (Leslie Mann), and wants to marry her, but true to form, he has pledged not to make the walk down the aisle until he has saved up to 30,000 dollars so they'll be able to afford a down payment on the house they've always wanted.

He plans to use the prize money for a down payment on a house, to «play» a little, and «do some good things.»

Now, however, thanks to financial aid from Hewlett - Packard and Intel Corporation, teachers in Santa Clara County can participate in a lottery to win low - interest loans — and in some cases grants — for mortgages or down payments on houses.

Back up north, they'd made a down payment on a house, a starter two - bedroom in need of a little love but with room for the growing family, said the agent with a wink.

I would need money latter on to make down payment on my house.

If you are unable to make a 20 % down payment, there are many lenders that will allow you to make a smaller down payment on a house.

You can use the money towards a down payment on a house, or put it toward paying off your debt or purchasing new assets.

It might sound like a huge chunk of change, but you'll ultimately end up paying less if you make a 20 % or higher down payment on a house.

Ask most people what is an acceptable down payment on a house, and nine times out 10 they'll tell you it's 20 % of your home's selling price.

Many homebuyers struggle to afford a down payment on a house and need to find alternative funding.

Another advantage of making a 20 % down payment on a house is that that's often the magic number at which point you'll get a more favorable interest rate.

Lastly, if you have a specific goal you want to save for like a vacation, the down payment on a house or an emergency fund, you can make that goal more tangible with a goal - oriented savings account.

Having a retirement fund goal of $ 1 million or $ 20,000 set aside for a down payment on a house are great goals, but they're long - term ones that you need to set aside money for each month.

USAA loans are suited best for military personnel and their spouses who can't afford a down payment on a house and first - time homebuyers who need guidance on buying a home.

When you complete the transaction, the earnest money you put into escrow will be applied towards your down payment on the house.

Or in 5 yrs to buy that new car or put the down payment on a house.

Or, it could be the down payment on a house if you set a goal of 5 yrs to save enough money to buy a house.

Long - term goals could include paying off your student loans after graduation, saving toward a down payment on a house, or saving for retirement.

«It can provide a nest egg for the child down the road that can be used as a down payment on a house, or simply left to compound until retirement.»

Examples of such short - term goals include a dream vacation, a wedding, or a down payment on a house.

«They've promised to open up access to the Home Buyers» Plan (HBP), which will give more people access to money for a down payment on a house.»