Sentences with phrase «rather than a variable rate»

For this reason some would choose a fixed rate rather than a variable rate.

They have a fixed interest rate, rather than a variable rate, which makes them more economical to repay.

If you are potentially thinking about refinancing and consolidating your student loans, it could be a better decision to refinance your loans with a fixed rate loan rather than a variable rate loan.

Not exact matches

Banks initially responded to the competition from mortgage managers by product innovation aimed at new borrowers, rather than cutting their main standard variable interest rates.

Wages have not grown as fast as prices, and the majority of UK homeowners have variable rate mortgages, rather than fixed - rate.

Dr. Bawumia would have to compute complex mean rate variables for the two periods he is comparing rather than try to use two arbitrary points in time to make his point.

The lowest advertised refinance rates are usually variable rather than fixed.

HELOCs generally have a variable interest rate, rather than a fixed interest rate, and the initial interest rate on the line of credit is oftentimes lower than the fixed rate charged on a home equity loan.

Since the rising rates are happening in a profitable economy with strong growth forecasts and increasing dividend payouts (with an extra boost from the income tax reduction,) the variables impacting the equity duration are moving to love stocks rather than hate them.

Installment loans have other advantages: You typically get a fixed rate, rather than the variable one charged on most credit cards.

For that reason, the best idea may be for you to take out a fixed interest rate in 2018, rather than a low interest variable rate loan.

After the student loan rate extension of 2012, Rep. Culberson mentioned that the Republicans «recommended using variable interest rates rather than fixed interest rates» way back in 2002.

Variable rates are not evil in and of themselves; home owners simply get themselves in trouble by focusing only on the low interest rate rather than the plan to actually pay back the loan before the bank raises the rate or the market changes cause an increase in the monthly payments of a home owner.

This type of mortgage, rather than having a fixed interest rate, has a variable rate that changes along with current prevailing interest rates.

Hundreds of thousands of Canadians have shopped for their mortgage at LowestRates.ca, and the majority have taken 5 - year variable rate loans rather than 5 - year fixed rate loans.

«I would rather have a «fixed rate» of 8 % (effectively earned by paying down the mortgage) than a «variable return rate» of 10 %».

You may be able to save by lowering your interest rate or getting a fixed rate, rather than a variable one.

Personally, I invest in stocks rather than pay back my 0.009 % interest rate student loan (variable rate).

Wages have not grown as fast as prices, and the majority of UK homeowners have variable rate mortgages, rather than fixed - rate.

Chances are private loans will be variable rather than the set rate you get with federal loans.

If you have a variable rate credit line, we recommend a 2nd mortgage refinance because the rate is fixed and each payment you make would go towards principal and interest rather than just interest like it is with HELOCs.

Interest rates during the repayment period on title IV, HEA loans (FFELP and Direct Loans) made on or after July 1, 2006 have been fixed, rather than variable, and therefore the interest rate on a FFELP or Direct Loan made since 2006 remains fixed during the entire repayment term of the loan.

The interest rate on these loans is variable rather than fixed, which means your interest rate can increase or decrease during the life of the loan.

Although installment loans often come with origination fees, that fee is typically included in the APR provided to you with your loan offer, making it easier to compare loans by directly comparing the APRs rather than solely the interest rates and variable origination fees.

Rather than a set interest rate which varies only slightly over time, a variable universal is indexed to the S & P 500.

Because of recent legislation, all Canadian home buyers must now qualify for a mortgage based on a 25 - year amortization and the posted 5 - year fixed rate — and this applies even if you opt for a longer or shorter amortization, or select a variable rather than fixed mortgage.

Rather than changing rates automatically like variable - rate CDs, step - up CDs offer you a limited opportunity to reset your rate if market rates generally rise.

Again I want to emphasize that my use of the temperature change rate, rather than temperature, as the predicted variable is based upon the expectation that these natural modes of climate variability represent forcing mechanisms — I believe through changes in cloud cover — which then cause a lagged temperature response.This is what Anthony and I are showing here:

Rather than growing at a set rate of interest, though, with variable universal life, the funds in the cash component are actually managed professionally (unlike variable life policies that are managed by the policyholder) in underlying «subaccounts» and can be in entities such as stocks, bonds, and mutual funds.

Instead, fixed universal life policies generally earn an interest rate in the cash value, while variable universal life policy returns depend on the performance of the funds offered within each policy's subaccounts, which are analogous to mutual funds, except that the insurance company owns the shares rather than the policy owner.

Similar to Universal Life, to meet the demand of the marketplace, insurers offer a Variable Whole Life product where the interest is based on the market rather than a guaranteed rate established by the insurer.

What differentiates an Indexed UL policy from other types of permanent life insurance used for cash accumulation is that the growth of the policy's cash value is based on the performance of an equity index (usually the S&P 500), excluding dividends, collared by a cap and a floor — rather than based on a flat crediting rate that is established by the insurance carrier and adjusted from time to time (a product referred to as «current assumption universal life»), based on a flat dividend rate that is established by the insurance carrier and adjusted from time to time (a product referred to as «whole life»), or based on the actual investment returns of specific equity investments (a product referred to as «variable universal life»).

In the context of such a comparison, the key variable interests are the ratio of rates, rather than the age standardised rates alone.

Furthermore, rather than combine dyad members» ratings of health, dyadic adjustment, and relationship satisfaction into dyad - level variables, we kept the gender specificity intact in order to examine gender - specific associations (e.g., health × gender).