Sentences with phrase «than the amount you borrowed in»

Not exact matches

In the fourth quarter, the average amount borrowed to pay for a new vehicle jumped more than $ 1,000 to hit a total of $ 30,621.

But trade unions warned the changes were coming too late for many, after a survey this summer showed people are borrowing # 660 a month, more than treble the amount seen in March 2012.

Under the settlement, Oyster Bay agreed to accept $ 26.7 million from the county in return for dropping legal claims of more than $ 37 million — the amount the town borrowed to settle lawsuits from Verizon and KeySpan.

He noted that, in the 6 years of the current NDC government administration, they have borrowed the equivalent of $ 27 billion, which is more than four (4) times the amount of money the NPP borrowed during its 8 yrs in power.

That June decision may seem worlds away from biotech, but it aimed to lay out a definitive two - step test for deciding patent eligibility, Burk says, and it forms the backbone of the new guidance: If a patent claim describes «a law of nature, a natural phenomenon, or an abstract idea» (step 1), then it must amount to «significantly more» than what's found in nature — a phrase borrowed from the Mayo decision — in order to be patentable (step 2).

Second, the income - contingent loan (ICL) repayment system put into place in 1998 is what makes it possible for students to safely borrow much higher amounts than they could in the U.S. system.

If the amount was significantly less than what I was making on each sale of a book at full price ($ 4.99), would an increase in sales and visibility compensate for the lower rate of return on borrows?

Businesses borrowing more than $ 75,000 need to demonstrate that they've been approved for comparable amounts in the past.

If the amount your school determines is more than you actually need, you can also borrow less money - something that will come in handy if it is your goal to pay off your student loans faster.

A signature loan allows you to borrow a bigger amount of money than a payday loan can provide and in longer loan term.

Keep in mind, however, that these loans usually come with higher interest rates than home equity loans and, depending on the amount you borrow, may require collateral on the loan (e.g., your car or bank account).

Always remember that you must pay back the full amount plus any interest in the time limit specified, so the amount you pay back will probably be more than you borrowed.

Choosing to invest in anything rather than to pay off debt is like borrowing the amount you owe to invest.

Hey Thomas, thanks, I am still debating the loan strategy but even if I do get the full amount I am pre-qualified for the tax refund is still higher than the amount borrowed, which works well in my favour

(It's also worth noting that, in many cases, creditors have already received enough in interest to more than cover the original amount borrowed, especially if the obligation is a credit card or some other high interest consumer loan.)

Most lenders look favorably on this type of loan since the increase in property value is usually greater than the amount of money being borrowed.

It can result in a borrower owing substantially more than the original amount borrowed.

Additionally, for those who borrow more than 60 percent of the amount they can take on the home in the first year, they currently pay 2.5 percent upfront.

You may end up paying more in fees than the amount you originally borrowed, and you may actually find it impossible to pay off the full debt.

In many cases the amount a lender will say you can borrow is higher than you may feel comfortable borrowing.

Sanders had paid over $ 10,000 in premiums on the policy, and he borrowed less than that amount.

Dependent students can borrow no more than $ 31,000 during their college careers in direct loans, and no more than $ 23,000 of that amount can be subsidized.

The average amount borrowed on a mortgage in Durham was about 10 % lower than the state average.

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.»

This means you should borrow much less than the maximum amount the lender offers you and never mortgage your home to invest in a margin loan.

Default fee or charge (if you are in default - that is, fail to pay back the loan - the lender can't collect more than twice the amount you borrowed and this includes any repayments you make under the contract)

Unless their parents stepped in or they found out some other way, the other half missed out on the critical lesson that when you borrow money, you have to pay back more than the original amount and that you have to be able to earn enough money for basic living expenses plus enough to pay back the debt.

The amount you pay in interest to borrow is much more than you earn on your savings, so pay the debt off with savings and you're quids in.

You will not be able to borrow an exaggerated amount of money, since it will have to be paid back in no longer than two weeks, but you will surely get enough to cover you emergencies.

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.

Some of the regulations that the FCA have put in place include consumers never having to pay back more than double the amount that they have borrowed (including additional fees), and interest rates never exceeding more than 0.8 % per day.

Essentially, a short sale is when a homeowner in trouble sells their home for less than (or short of) the borrowed amount, with all proceeds going to the lender.

In a less than «interest only» option, the unpaid interest is added to your loan balance and you can owe more than the amount you initially borrowed.

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»).

The Consumer Financial Protection Bureau, a federal government agency, issued a report in 2014 that showed the majority of payday loans are made to borrowers who renew their loans so many times they end up paying more in fees than the amount they originally borrowed.

While the government has set some strict guidelines in place for payday loans, you will still repay a substantial amount more than you initially borrowed.

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

I know changing your life is going to be very uncomfortable, but I think you will find that there is more peace of mind in having some amount of financial security (which for you will require a LOT of changes) than in borrowing ever more to fund a lifestyle you can not sustain.

It gets confusing, because some of the great pictorial inventors of the twentieth century, like Andy Warhol, obviously, appeared to be doing nothing more than choosing — but that was an illusion, something borrowed from the beauty industry, where the amount of time spent in the makeup chair is meant to result in an effortlessly natural look.

In another case recently — a distressing case of a widow in her nineties, whose husband borrowed a modest amount on the security of their home on terms that interest would roll up, being told she now has to repay the loan which has grown to be more than the value of the house; but the solicitor had built his case on the interest rate being higher than the Bank of England base rate and I had to tell him that this was permissible (and any lender would need to charge a marginIn another case recently — a distressing case of a widow in her nineties, whose husband borrowed a modest amount on the security of their home on terms that interest would roll up, being told she now has to repay the loan which has grown to be more than the value of the house; but the solicitor had built his case on the interest rate being higher than the Bank of England base rate and I had to tell him that this was permissible (and any lender would need to charge a marginin her nineties, whose husband borrowed a modest amount on the security of their home on terms that interest would roll up, being told she now has to repay the loan which has grown to be more than the value of the house; but the solicitor had built his case on the interest rate being higher than the Bank of England base rate and I had to tell him that this was permissible (and any lender would need to charge a margin).

One challenge in spinning off its gas network into a separate company and making it attractive to investors was the amount of debt it could hold relative to its assets — it would need to be higher than the energy regulator's limit, while at the same time needing to maintain an investment - grade credit rating so it could benefit from cheaper borrowing costs.

From a lender's perspective, even where the amount borrowed by a company is far more than the directors could possibly repay in reality, it is often considered to be worth getting personal guarantees from the directors on the basis that doing so will help to focus the directors» minds (since the directors» own assets will be at risk) and ensure that they take the repayment of the loan seriously.

If the amount you are borrowing is significantly less than your cash value and you have plans and the means to pay back the interest and value in a reasonable amount of time (your life insurance agent can help you figure this out), then borrowing from your policy will be a good option for you.

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.

Or in other words if your ROI is higher than the amount you borrowed (Borrow at 5 % to make a 10 % ROI) your net worth will always be bigger in the end.

The amount of the mortgage hasn't changed since you borrowed with it in 2016 dollars, but now you are paying it back with dollars that are worth less than they were in 2016.

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.

Because traditional lenders are subject to strict government regulations — even more so since the financial crisis that began in 2008 — you'll most likely be unable to secure a soft loan if you have less than perfect credit, even if you have the assets and the income to back up the amount you wish to borrow.

With AAG Advantage, owners of higher value homes now have the opportunity to borrow up to $ 3 million in loan proceeds — a significantly greater amount than offered through a traditional HECM loan.

Here are a few other points to keep in mind if you are looking to borrow more than $ 750,000 (or $ 350,000 in a rural setting), regardless of your down payment amount: