Sentences with phrase «riskier variable interest»

One of the most common myths about private student loans is that they're only available with riskier variable interest rates.

Not exact matches

Variable interest rate loans are usually offered at lower rates than fixed rate loans, but can be risky because the student loan rates could rise significantly in the future.

In general, variable rate loans tend to have lower interest rates than fixed versions, in part because they are a riskier choice for consumers.

For those who plan to finish repayment over a longer period (15 - 20 years), it is less risky to choose a fixed rate loan even though the interest rate will likely be higher than a variable rate loan.

HELOCs generally have variable interest rates which are generally riskier to the borrower than fixed rate loans.

Even if you use a line of credit, the interest rate on your down payment loan can be much higher than a regular mortgage, or have a riskier variable rate.

Typically the interest rate for fixed rate reverse mortgages is initially higher than the variable rate because these loans are more risky for the lender.

You must make sure that the interest payable on your new consolidated debt is fixed at a rate that you can budget for, as it is too risky getting a variable interest rate loan where the rates could rise and leave you in a more difficult position than you would have been had you not consolidated.

Typically the interest rate for fixed rate reverse mortgages is initially higher than the variable rate because these loans are more risky for the lender.