Sentences with phrase «than paying off»

The goal is that eventually, the house will be paid off, but they still have their $ 203,000 plus any potential growth earned in the meantime, theirs to enjoy or to pass onto their loved ones... a much better solution than paying off their home.

Homeowners with low mortgage rates may be better off putting extra money in a Roth IRA or 401 (k), both of which might offer a higher return than paying off the mortgage.

Even though she saw how hyped I was, she's the type that is content just renting, working full time, putting money in a savings account rather than paying off interest accruing debt etc; now pair that with the bad taste in her mouth from our prior real estate venture and you've got a wall of «No's!»

If your partner stays home now to watch the kids, they might have to worry about more than paying off a mortgage.

Therefore, it might be more beneficial for you to use money for a down payment than paying off the student load.

@WalletSage If you're living paycheck to paycheck removing a monthly payment quickly can be a lot better than paying off highest interest rate first.

Similarly, I think there are benefits to saving for a down payment, rather than paying off the loan.

As the roof - replacement example illustrates, home loans are used for more than paying off a house.

An emergency fund will be a lot easier to fund than paying off a credit card bill.

That is why I think it will be better for me to focus on saving for the down payment rather than paying off the debt.

I actually look at it when my returns in my taxable investments are close or less than paying off any of these debts.

You might have an easier time becoming current on your student loan payments, for example, than paying them off.

Rather than paying off your debt at one time, amortization involves monthly payments or installments on the principle and the earned interest.

So if you can invest in something that gives returns of at least 4.4 % per year, you're better off putting into the retirement plan than paying off the mortgage.

Another point I wanted to make is that in cases like this, paying off student loans FIRST, is better than paying off credit card debt.

There are a number of people out there who do not understand that there are important things to take into consideration other than paying off the debt.

To make saving even more enticing than paying off early, my interest earnings would keep growing, while the interest from the student loan company that was so aggravating to me will just keep getting smaller every month.

Because of how popular 5/1 ARM mortgages are among homeowners who plan on selling rather than paying off their full mortgage, we set five years as a useful benchmark to gauge the value of refinancing.

Paying off a single loan in large amounts every month is often easier for people than paying off a number of smaller debts that tend to slip through the cracks.

Loan consolidation gives you an opportunity to get out of the debt faster as paying off one debt is psychologically easier rather than paying off dozens of tiny ones.

Paying bills on time, paying off balances, and avoiding excessive inquiries into your credit report can all help to improve your score, while delinquent payments, revolving debt rather than paying it off, and owning too many credit cards can hurt it.

Putting the money to work with the help of compound interest over time has been a much better investment than paying off low - rate student loans early.

And that definitely involves a lot less interest than paying off multiple loans, each with their own interest rate, s would require.

If the interest rate on your student loans is less than 3 % (which mine were, thanks to variable interest rates and the Federal Reserve), all you need to do is find an investment that gets more than a 3 % return and you're better off investing than paying off the loans.

For anyone on the 1.5 % interest rate, current accounts with bonus rates, mortgage payments or investing are probably a more sensible idea than paying off student debt at present, there are a lot of people on these.

Since the student loan interest is not itself accumulating interest for the next three years, it seems like investing makes more sense than paying it off now.

And almost half of credit card holders have revolving debt, meaning rather than paying off their debts every month, they carry it forward.

You might be in a situation where your credit cards don't have the highest interest rates of all your debts; so rather than paying them off, you target the other debt before your credit cards.

You might be in a situation where your credit cards don't have the highest interest rates of all your debts so rather than paying them off target the other debt before your credit cards... which brings me to the point that paying off the highest interest rate credit cards first will make your celebration that much more satisfying.

That psychological victory can help you gain momentum and confidence about your debt repayment plan and stick with it, even though it may cost more money than paying off your debts starting with the highest interest rate first.

Since you get a break on your income taxes as a result of having your mortgage, paying it off should be less urgent than paying off debt that has no tax advantage.

When you pay only the minimum, rather than paying off your balance, most of your payment goes to interest, rather than to principal reduction.

Make sure you don't need the money for other expenses that are more pressing than paying off a mortgage.

The good thing about keeping your mortgage terms rather than paying them off is that mortgage interest rates for long term plans tend to stay pretty low.

For instance, putting lump sums of cash toward credit card debt can wipe out high interest payments, which would give you a better return on your money than paying off low interest mortgage debt.

Avoiding loans is no different than paying them off.

@GorchestopherH - One investment that exists better than paying off your credit card debt is 401K contributions with employer matching.

Even if your employer only matches every second dollar in contributions, you're still earning an immediate 50 percent return on your savings — even better than paying off credit card balances.

It's much better to follow a mildly aggressive payoff schedule for the duration of your loan than paying off as much as you can and then struggling to make payments.

So rather than paying off the total cost of the car, lease payments just cover the smaller cost of depreciation.

With Garland, that can be a sucker bet: He's much better at setting up intriguing premises than paying them off — even, it would seem, when operating from someone else's blueprint.

The EducateNY program will help millions of New Yorkers earn advanced degrees and start investing in our economy rather than paying off loans for decades.

Honey that just means you'll be in debt a long time because you're more concerned with the monthly payment than paying it off, you're nowhere near marriage material in my opinion.

Other clubs pay more than that paying off managers they continually sack.

We've seen you'll need to make an average net return of at least your mortgage rate for investing to be more profitable than paying off your mortgage.

I'm certain I could have gotten better returns investing the money rather than paying off the mortgage, but it helped me sleep at night.

«For people who have the risk tolerance, investing that money rather than paying off the mortgage is fine, but think about what would happen if the investments don't pan out and you still have to pay your mortgage,» says Craig Brimhall, vice president of Wealth Strategies at Ameriprise Financial.

Whether they dropped out or stuck it out, going to college more than paid off for today's top tech startup billionaires — higher ed skeptic and Stanford alum Peter Thiel included.

The LinkedIn co-founder's investments in Facebook, Airbnb and Dropbox more than paid off.

Because your return on investment outpaces your student loan interest charges, it could make more sense to invest than pay off your debt ahead of schedule.