Sentences with phrase «same loan amount»

Two bidders on a house will have roughly equal chances to qualify for the exact same loan amount if they have the same rating, work history, DTI, and LTV ratios — and one happens to have foreclosed on a property in the past.

The second scenario uses the same loan amounts and parameters as the first, except the borrower (Borrower B) isn't able to get an ultra-low interest rate on her private consolidation loan — it's set at 4.75 %.

Using the same loan amount as the example above but with a 4.17 % interest rate (the original 3.67 %, plus 0.5 %), my online calculator showed that I'd be paying $ 222,402.98 over the life of a 30 - year, fixed - rate loan.

While cutting the repayment term in half significantly raises monthly payments, a shorter loan will save you over half the final cost of interest on a 30 - year mortgage for the same loan amount.

Quicken isn't your only online mortgage option in Maryland: if you aren't a first - time buyer, we found J.G. Wentworth to be the best online mortgage lender in the state, with lower rates and APRs for mortgages at the same loan amount and credit score.

At 5 percent, the same loan amount would cost the borrower $ 115,383 in the first five years (a difference of $ 23,739) and $ 447,628 over the life of the loan (a difference of $ 102,654).

Its interest rate for a VA loan was somewhat higher than J.G. Wentworth's quote for the same loan amount and location, and the Veterans United website isn't very forthcoming with details about its loan costs.

If you think you can qualify for a low rate at Citibank, we recommend checking out Earnest as the lender has even lower rates than Citibank and offers the same loan amounts.

Its interest rate for a VA loan was somewhat higher than J.G. Wentworth's quote for the same loan amount and location, and the Veterans United website isn't very forthcoming with details about its loan costs.

Quicken isn't your only online mortgage option in Maryland: if you aren't a first - time buyer, we found J.G. Wentworth to be the best online mortgage lender in the state, with lower rates and APRs for mortgages at the same loan amount and credit score.

Increase the interest rate to 6.74 percent for the same loan amount and the monthly payment grows to $ 1,295.87.

Now take the same loan amount, but substitute a lower score and smaller down payment.

To get a true comparison, the same loan amount must be used.

As a result, some lenders may charge more on a monthly basis when compared to others, for the same loan amount.

This can include information about the same loan amount, loan term, interest rate and type of loan so that you can compare the information.

Ask for information about the same loan amount, loan term, and type of loan so that you can compare the information.

If you refinance the same loan amount for 30 years at 3.25 %, the monthly will be only $ 870.

Assuming the same loan amount and repayment term, you'd now be shelling out roughly $ 4,100 in interest for a difference of approximately $ 1,700.

Since 30 - year mortgages currently average around 4 %, it's likely that you'll find 15 - year terms getting estimates of 3.2 % or 3.3 % based on the same loan amounts and borrower details.

This is a convenient way to compare rates since the quotes are all for the same loan amount with the same personal information.

While cutting the repayment term in half significantly raises monthly payments, a shorter loan will save you over half the final cost of interest on a 30 - year mortgage for the same loan amount.

However, you must compare similar loan products for the same loan amount.

The monthly payment will be higher for the same loan amount since the term is shorter.

Using the same loan amount as the example above but with a 4.17 % interest rate (the original 3.67 %, plus 0.5 %), my online calculator showed that I'd be paying $ 222,402.98 over the life of a 30 - year, fixed - rate loan.

All credit inquiries must be for the same loan amount.

For example, refer back to the example for Option A. For the same loan amount and interest rate, if you pay $ 60 extra each month or $ 360.57, the term is calculated to be 4.03 years (instead of 5 as in option A)- meaning you'd pay off your loan almost 1 year early.

In the above car loan example, let's compare the same loan amount of Rs. 10 Lakh and 9.5 % interest rate.

The interest rate (APR) must be for the same loan amount, loan term, loan purpose and payment method (auto debit or invoice) that are being offered by LightStream.

The second scenario uses the same loan amounts and parameters as the first, except the borrower (Borrower B) isn't able to get an ultra-low interest rate on her private consolidation loan — it's set at 4.75 %.

When we plugged in the numbers using the same loan amount, we were given the exact same loan terms.

Since these ratios rarely imply the same loan amount, the lender will provide the smaller of the figures that are derived by applying these two criteria, if both have to be satisfied.

Ask for information about the same loan amount, loan term, and type of loan so that you can compare the information.

Of these borrowers, 58 percent maintained about the same loan amount, and 21 percent of refinancing homeowners reduced their principal balance; the share of borrowers that kept about the same loan amount was the highest in the 26 - year history of the analysis.

In the first quarter of 2012, 79 percent of homeowners who refinanced their first - lien home mortgage either maintained about the same loan amount or lowered their principal balance by paying - in additional money at the closing table.

Using the same loan amount as the example above but with a 4.17 % interest rate (the original 3.67 %, plus 0.5 %), my online calculator showed that I'd be paying $ 222,402.98 over the life of a 30 - year, fixed - rate loan.

The share of borrowers who maintained the same loan amount or lowered their principal balance was above 80 percent in all ten large metropolitan areas.

About 83 percent of those who refinanced their first - lien home mortgage maintained about the same loan amount or lowered their principal balance by paying in additional money at the closing table.