Sentences with phrase «repaid over the lifetime of the loan»

Each of the alternatives has a lower monthly payment than Standard Repayment, but this extends the term of the loan and increases the total amount of interest repaid over the lifetime of the loan.

But amongst the cons of managing loan debt in this way is the fact that the sum of interest repaid over the lifetime of the loan is much higher.

Not exact matches

Loan terms vary from 10 years (for equipment) to a 20 - year term (for real estate), making it possible for business owners to repay the loan over the expected lifetime of the asLoan terms vary from 10 years (for equipment) to a 20 - year term (for real estate), making it possible for business owners to repay the loan over the expected lifetime of the asloan over the expected lifetime of the asset.

504 loans can have either a 10 - year term (for equipment) or a 20 - year term (for real estate), giving borrowers the ability to repay the loan over the lifetime of the asset.

Loan terms vary from 10 years (for equipment) to a 20 - year term (for real estate), making it possible for business owners to repay the loan over the expected lifetime of the asLoan terms vary from 10 years (for equipment) to a 20 - year term (for real estate), making it possible for business owners to repay the loan over the expected lifetime of the asloan over the expected lifetime of the asset.

You receive an infusion of funds while agreeing to repay the loan with interest in a series of installments over the lifetime, or term, of the loan.