Sentences with phrase «prefers predictable payments»

If the borrower prefers predictable payments that will not change, then a fixed rate loan may be their best choice.

Borrowers who prefer predictable payments generally prefer fixed rate loans, which won't change in cost.

If you prefer predictable payments and / or are planning to stay in your home for longer than a decade, a fixed - rate mortgage may be better, says Shikma Rubin, a mortgage consultant at Tidewater Home Funding in Chesapeake, VA. «This is especially true in today's market, when interest rates are low.

Not exact matches

However, if you plan to take a bit longer to pay off your loans, or you prefer stable, predictable payments, a fixed - rate loan may be the best choice.

Most borrowers prefer the stable, predictable payments of fixed rate mortgages.