Sentences with phrase «sometimes higher monthly payments»

The major disadvantages or the 15 - year fixed rate mortgage are the sometimes higher monthly payments.

Not exact matches

«Sometimes a higher down payment may be asked, and the fact that you will likely be required to pay a monthly condo association fee can skew your debt - to - income ratio negatively,» says Klaus Gonche, Realtor with Fort Lauderdale - headquartered Century 21 Hansen Realty.

Sometimes it can be beneficial to increase monthly payments, or to take on a slightly higher rate in order to take cash out for a home improvement project.

Therefore, the higher monthly payments of these structures can sometimes mean greater savings.

They have predefined car loans that should fit the average consumer but can sometimes not match the needs of particular borrowers that may require longer or shorter repayment programs, higher or lower monthly payments, higher loan amounts, etc..

2) High monthly payments People with lots of debt also frequently struggle with high minimum payments — which are sometimes more than they can pay each moHigh monthly payments People with lots of debt also frequently struggle with high minimum payments — which are sometimes more than they can pay each mohigh minimum payments — which are sometimes more than they can pay each month.

Higher credit scores can also help you land a lower interest rate, which means a lower monthly payment and sometimes significant savings over the life of the loan.