Sentences with phrase «same loan terms»

Assumes same loan terms for previous and refinanced loans, and payments made to maturity with no prepayments.

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

Whether you're looking to refinance in order to lower your monthly payments or want to switch to a shorter loan term, you should position yourself to qualify for the lowest rates and then check mortgage rates for the same loan term on the same day to get an accurate comparison.

During the fourth quarter of 2012, only 4 percent of mortgage borrowers opted to lengthen their loan term; but another 69 percent kept the same loan term, according to Freddie Mac.

On any given day, lenders and brokers may offer different prices for the same loan terms to different consumers, even if those consumers have the same loan qualifications.

If you want to calculate APRs for several loans to compare their costs, specify the same loan term — it really matters.

On any given day, lenders may offer different prices for the same loan terms to different, equally qualified people.

For the same loan terms — 60 months — another institution is offering 2.25 % financing across the board.

So, if you refinance to a lower interest rate and keep the same loan term length, you would lower your monthly payments.

Your only options to boost your chances of getting approved by traditional lenders are offering an asset as collateral for the loan or providing a co-signer that will agree to be obliged to the same loan terms as you (the co-signer will need to have a good credit score).

Let's look at a quick example using the same loan terms (30 - years, fixed rate) with three different interest rates.

If you refinance back to the same loan term on the new mortgage, you may pay more additional interest than you would save by lowering your monthly payment.

However, you would be mistaken to assume that every lender will offer you the same loan terms.

The CRA may assess u a benefit for the entire loan if all your employees are not offered the same loan terms.

The monthly loan payment for a traditional roof is estimated using the same loan term and interest rate as is selected for the Solar Roof for a given roof size.

For example, a multifamily property that received a maximum loan of $ 60 million a year ago would receive $ 70 million today with the same loan terms.

- Cash flow: Leasing often has a lower monthly payment compared to financing with the same loan terms, since with a lease you're paying for the depreciation during those years rather than the whole cost.

Let's look at a quick example using the same loan terms (30 - years, fixed rate) with three different interest rates.

On any given day, lenders and brokers may offer different prices for the same loan terms to different consumers, even if those consumers have the same loan qualifications.

For example, the loans are both fixed - rate or both adjustable - rate, and they both have the same loan term, loan type, same down payment amount, etc..

The monthly loan payment for a traditional roof is estimated using the same loan term and interest rate as is selected for the Solar Roof for a given roof size.