Sentences with phrase «than the amount you borrowed as»

One thing about debt is that, you will end up paying more than the amount you borrowed as a result of interest and other incidental fees.

One thing about debt is that, you will end up paying more than the amount you borrowed as Continue ReadingAfter Paying Off Debt, What Next Must I Do?

Not exact matches

It's typical for repaying the loan to cost more than twice as much as the original amount borrowed.

Federal student loan fees are taken as a percentage of the total loan amount and deducted proportionally from each loan disbursement, meaning you'll receive slightly less than the amount you borrow.

It's possible to borrow more than these amounts, as long as your income supports it.

When the member chooses to borrow a title, Amazon credits the publisher's account with the same dollar amount as if the e-book was sold rather than loaned.

The method of payout for this service has been controversial among self - published authors, and requires an explanation: Traditionally published ebooks downloaded from Kindle Unlimited earn the same amount as a sale, but for self - published authors, a «borrow» pays out differently than a purchase.

It is used to help promote awareness of the amount you are borrowing, as well as to help prevent borrowers from borrowing more than the total cost of attendance.

Your bad credit loan, as mentioned above, will cost more for you over the long run than borrowing the same amount of money would if another borrower with great credit took out the loan.

Home equity loans are appealing to many people because they can easily qualify for it as long as they own a home or they intend to borrow a smaller amount than the equity they have on their home.

If you owe more than your current unsecured high credit rating (the highest amount you have borrowed from a lending institution without offering collateral), you probably will have to offer something up as collateral to receive a debt consolidation loan.

If the property has been already used as collateral, it's value may be higher than the amount owed so you'll be able to borrow the difference.

As a 30 year old with a mortgage, car payment, student loan, and credit card Sara is paying $ 420 more a month than Sally for the same amount borrowed.

As for why they'd consider a HELOC, it seems most homeowners like the ability to borrow as needed — rather than a set, large amounAs for why they'd consider a HELOC, it seems most homeowners like the ability to borrow as needed — rather than a set, large amounas needed — rather than a set, large amount.

Federal student loan fees are taken as a percentage of the total loan amount and deducted proportionally from each loan disbursement, meaning you'll receive slightly less than the amount you borrow.

The loan itself will typically be unsecured if you are borrowing less than # 5,000 or secured against your home if you want to borrow a larger amount (this is why you should always speak to your mortgage company about remortgaging first, as it is often a cheaper alternative).

Line of credit debt is deductible as mortgage interest if the total amount borrowed on the LOC is less than $ 100,000.

If a student is attending a professional school, a professional student line of credit is available with higher borrowing amounts, as graduate degrees and professional designations cost substantially more than completing an undergraduate degree.

Clearly, no student would rationally accept a loan with a higher NPV than the amount borrowed, so perhaps the discount rate should also be at least as much as the APR of the student loan interest rate.

The average interest rates on jumbo mortgages are typically higher than those for conforming mortgages as they generally are considered higher risk due to the larger amount of money that is being borrowed.

But, as David Bach wrote in The Automatic Millionaire Homeowner, «You should generally assume that the amount the bank or mortgage company is willing to loan you is more than you should borrow.»

While there are no caps on the amount you can borrow, keep in mind your maximum loan amount will be the value of your vehicle to protect the lender from lending more than the collateral's value, just as a mortgage lender would not make a home loan for more than the home's value.

Moreover, loan amounts are significantly higher than grant amounts, as you can borrow up to several million dollars or more, and loans have fewer restrictions on the use of the funds when compared to many grants.

For example, a real customer from Texas we'll call Kelly, who joined the LendUp community in early 2015, exhibited borrowing habits similar to what the CFSI calls a «misaligned cashflow borrower» (described by the CFSI as those who «tend to access small dollar credit amounts frequently to pay bills when income and expenses are mistimed... 42 % take out 6 or more loans per year, and 16 % take out more than 12 loans per year»).

For most home sales, this would not be a problem, as long as the appraisal was more than the amount borrowed.

some customers were unlikely to be able to make a claim as their car was insured for more than the amount they borrowed

Getting a title loan on your classic car may be the best option if you are looking to borrow a higher amount, as classic cars can often be worth more than your everyday vehicle.

Saving $ 1,000, $ 5,000 or $ 20,000 before starting college is different than borrowing that same amount as it's needed because of the interest you will have to pay on loans during repayment.

However, if more than 15 % of Fund assets (defined as net assets plus the amount of any borrowing for investment purposes) are illiquid, the Fund's investment adviser will reduce illiquid assets such that they do not represent more than 15 % of Fund assets, subject to timing and other considerations which are in the best interests of the Fund and its shareholders; or

And of course by that time these lawyers and others, these borrowers can face debt loads as we mentioned before that are far higher than the amount they originally borrowed, because of all the money that they had to borrow to go to law school, and we're putting these young lawyers and their futures into financial peril if they are found at the end of 10 years to be ineligible when they had every reason to believe they had been eligible.

When you withdraw an amount no greater than your cost basis (the amount you have paid in premiums) or borrow money from the policy, you don't have to pay capital gains and ordinary income taxes, as you would if you'd sold stocks or bonds to raise cash during retirement.

As a general rule of thumb, you will need to be able to recuperate the total cost of the points in a period of time that is less than the amount of time you will need to borrow the money.

It's possible to borrow more than these amounts, as long as your income supports it.

It allows for a smaller down payment than a conventional home loan, as low as 3.5 % of the amount borrowed.