Sentences with phrase «to reduce interest costs»

But reducing the interest cost of your mortgage should be one of the top priorities a home owner has as part of their personal finance strategy.

In addition, unlike a home equity loan with a fixed term, you can pay the loan off as quickly as you have cash available, which also reduces your interest costs.

For example, on a 15 - year loan of $ 300,000 at 5 percent interest, adding $ 200 to each monthly payment reduces the interest costs substantially.

And that's where you're going to put the majority of the money, so, doing that you're going to reduce your interest costs faster.

Making payments more frequently can reduce interest costs over the long term.

This will not only reduce your interest cost but will mean your loan is paid off sooner.

An increasing number of student borrowers are looking for payment relief by reducing their interest costs through refinancing.

Paying more than the minimum is never a bad idea — it will always reduce your interest costs.

It also reduced interest costs for farmers.

As interest rates decline, you could pay off your mortgage faster and save money on reduced interest costs.

1) The municipality gets to finance short, which usually reduces interest costs, but loses the guarantee of fixed - rate finance.

Over the years, SimpleTuition has expanded its services to assist students in all aspects of navigating the complex maze of college financing options, including federal and private loans, scholarships, loan consolidation, and refinancing (consolidation and refinancing shouldn't be confused with a way to secure funding before attending college, but it is a way to potentially reduce interest costs and the overall cost of college during loan repayment).

By paying down debt (and therefore reducing interest costs) and by slashing operating expenses: gross margin actually increased which is very rare when revenues decline, as fixed costs are spread out across fewer sold units.

The promotional period tends to be shorter and interest is still charged on these cards, but you'll be reducing your interest costs for at least six months, which can be of nice assistance to getting your debts paid off — just be sure the transfer fee doesn't outweigh the savings.

Consolidating multiple debts may not reduce your interest costs or pay your debt off sooner.

Bootstrapping means you'll have to borrow less money and you'll reduce your interest costs.

If it does, Intelsat will be able to use that free cash flow to begin chipping away at its mammoth $ 14.5 billion debt load, reducing its interest costs — and growing earnings even faster.

«The mining sector is already seeing the benefits of reduced interest costs, reduced cash costs and operating efficiencies,» says Jay Patel, EY's Mining & Metals Transactions Leader.

Reduce your interest costs and the time it takes to pay down your mortgage by using your prepayment privileges.

As time goes by, people find reasons to move houses, refinance for lower rates or simply make bigger payments to reduce their interest costs.

Starting in 1997, his company financed a series of buildings in New York using more than $ 1 billion in tax - exempt bonds issued by the state, a form of taxpayer subsidy that reduces interest costs to a borrower.

As time goes by, people find reasons to move houses, refinance for lower rates or simply make bigger payments to reduce their interest costs.

You'll benefit in the long run because you will reduce your interest costs.

Here Are Five Steps You Can Take Anyway Five techniques for using credit cards for debt consolidation to organized debts and reduce interest costs.

Borrowing the same amount at 4 % cuts your monthly payments to about $ 450 and reduces your interest cost to less than $ 1,700.

Most people choose this approach to reduce interest costs and save money.

If you thing you may be selling your home within 5 - 7 years you may want to consider changing your loan to a Hybrid ARM to reduce your interest cost and payments

With the lower interest rate, you may reduce your interest cost, and may have a lower payment amount

That obviously changes later on so shifting extra payments to the earlier part of your term helps to reduce the interest cost significantly.

This can reduce your interest costs.

The sooner you can reduce your interest costs, the faster you can start saving money.

Good for you because a credit card with zero APR introductory offer can help consolidate your credit card debt and reduce your interest cost, if you can find one.

It always depends on individual circumstances, but for many medical school grads who don't plan on pursuing Public Service Loan Forgiveness (PSLF), a potential solution is to refi nance their student loans while in residency in order to reduce interest costs and monthly payments.

The Treasury Department issues TIPS because it believes their issuance will reduce interest costs to the Treasury over the long term and will increase the different types of investors that buy their debt instruments.

Over four years, he transferred balances six times to reduce interest costs.