Sentences with phrase «potentially higher payments»

A shorter term loan can be a powerful financial tool as long as you can manage the potentially higher payments.

Wealthy clients and investors who have a plan for how long they will carry the mortgage and can afford potentially higher payments, later on, are more likely to see the appeal of an ARM and more likely to benefit from its introductory rate.

The latter is especially relevant for entrepreneurs who want to avoid potentially higher payments when their adjustable - rate loans reset.

Not exact matches

This became especially important against the backdrop high commissions of the bitcoin network: in addition to instant payments without waiting for confirmation and potentially higher level of user privacy, one of the main advantages of LN is the decrease in transaction costs.

Compare how much you could potentially save in interest payments with an Express Personal Loan vs. a traditional high - interest credit card.

According to John Musso of the Association of School Business Officials International, advance refund bonds «are a cost - effective way for districts to refinance high - interest debt at lower - interest rates, potentially saving hundreds of thousands of taxpayers» dollars in lower debt payments.

Missed payments result in fees and potentially higher interest rates.

Over the long run, this means you'll save a lot of money in interest payments, and technically helps you pay off your loans faster (since higher interest rates increase your balance, potentially adding extra time to your payment schedule).

As with any other investment decisions, deciding to risk a potentially higher future interest rate in order to get a lower rate (and payment) today is risky considering the current financial climate.

That's right, as a bond investor you may actually cheer for higher interest rates because of the potentially positive impact on fund distribution payments.

These in - house lenders are known to take advantage of the desperation of their subprime customers by jacking up interest rates and charging ridiculously high down payments — all on top of potentially charging as much as two - to - three times what the car is actually worth.

Before you become a homeowner, you should create a budget based on your current finances and consider how you can adjust that budget to accommodate extra savings to allow you to buy a home and to afford potentially higher housing payments.

They are also best for people who do not mind the risk associated with this type of loan and those who would be able to handle potentially significantly higher payments.

So, not having at least 20 % down for a house potentially costs you more than monthly PMI and a higher monthly mortgage payment.

They can depress your credit scores, raise your interest rate and potentially cost you tens of thousands of dollars in higher payments over time.

Homeowners could potentially have a harder time making payments on these higher mortgages which may lead some to default.

As you see, there are some downfalls to IBR... but... having to pay a smaller amount for longer, may be better for people than having to get a 2nd or 3rd job just to attempt to pay ridiculously high monthly payments... and potentially defaulting on your loans... AND hurting your credit... AND not being able to get out of your parent's house or buy a car....

Just keep in mind that taking this shortcut could potentially translate to a financial burden — low down payments typically necessitate higher insurance rates and extra fees to protect the lender.

Pre-retirees can benefit from a guaranteed, sustainable way to maintain income in retirement, potentially higher income payments than they could achieve elsewhere, and a reduction of some market risk from their overall portfolio during the final years of their pre-retirement, when they can't afford to endure the consequences of a market downturn.

Not only can this mean high interest rates all around, it can also mean keeping track of multiple due dates, minimum payments, and APRs, potentially leading to late or missed payments when something slips your mind.

Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years

However, few authorities have implemented it, and Birmingham City Council has in effect found itself subject to litigation that will potentially give rise to compensation payments in the # 100s of millions, but which may also amount to a test case with the resulting nationwide compensation running at a far higher multiple.

The down side is after that period expires coverage at the previous rate of premiums is no longer guaranteed, and often higher if available at all, and the client must either forgo coverage or potentially obtain further coverage with different payments and / or conditions.

Though this may be tempting, it could be unwise to do as you'll potentially put yourself at risk for higher out of pocket payments in various situations.

Accuity, a financial crime compliance, payments and know - your - customer (KYC) platform, has partnered with France - based Fintech Lemon Way, to help flag potentially high - risk customers.

As competition to fill vacancies potentially heats up in 2018, Renters Warehouse recommends offering more perks to this tech - savvy generation, such as high - speed WiFi and online services for rent payment.

Here's some potentially good news for anyone without high credit scores who is seeking a low - down - payment mortgage: The Federal Housing Administration is cutting its mortgage insurance premium charges, making its loans a little more affordable.

Most cite the eagerness to buy immediately as their motive, and express an understanding that they could potentially be paying a higher interest rate and will pay higher monthly mortgage payment after having a lower down payment commitment.

Nobu and I talked about potentially needing a higher loan and down payment amount, due to increasing home purchase prices in the Oakland Area for single family homes.