Sentences with phrase «thousands over the term of the loan»

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Because the repayment term is longer, interest has more time to add up and you can end up paying thousands more over the duration of your loan.
This can save you thousands of dollars over the term of the loan.
The shorter loan term will save borrowers thousands and thousands off interest payments over the life of the loan.
With such a wide range of interest rates — and the thousands of dollars that will have to be repaid in interest over the length of the course plus the standard 15 - year loan term — it makes sense to find ways to cut costs on your loan.
If that is the case, you could refinance your home loan and save thousands of dollars over the life of the loan or even get an extension on the loan term and lower your monthly payments for the same sum than the previous loan.
Depending on your current loan term and interest rate, refinancing could potentially save you thousands of dollars over the life of your loan.
The decision to use IFS's loan services is now saving Jerry thousands of dollars on his auto loan while improving his loan terms, and he plans to use his savings to improve his financial situation over the next five years.
Shopping around for a better rate could save you hundreds of dollars each month and probably thousands of dollars over the term of your loan.
I'm not a big fan of financing any kind of vehicle, but if you already have a loan for one or more of your «toys» you can save hundreds (or thousands) of dollars over the term of the loan.
Or, if you are approved for a loan, you might not get very good terms, resulting in paying a higher interest rate (and hundreds or thousands of dollars more over the life of your loan).
A lower interest rate and a shorter term means that you will save thousands in interest over the life of your loan.
That 15 - year term speeds up the process of paying off debt, potentially saving you thousands of dollars in interest over the life of the loan and allowing you to build up equity quickly.
If buying a home is in your plan for 2018, doing it sooner rather than later could save you thousands of dollars over the terms of your loan.
In contrast, car title loans are more generous in terms of loan amounts (up to several thousand dollars) and the amount can be paid back over the course of a much longer period.
A lower rate could save you thousands of dollars over the term of the loan.
The credit score can affect how much money a lender will offer and at what terms; higher credit scores mean borrowers can potentially save thousands of dollars over the life of a loan, FICO said.
The higher your credit score, the lower the interest rate you will get which could potentially save you hundreds or even thousands of dollars over the term of an auto loan.
If you or a cosigner has excellent credit, there is a good chance you will be able to lower your interest costs — potentially saving you thousands of dollars in interest over the term of the loan.
It's possible to save thousands only in interest over the life of your loan by simply choosing a 15 - year term over a 30 - year one.
Your real estate lender will be able to provide you with numerous loans to choose from with different interest rates and loan terms that can save you thousands of dollars over the life of the loan.
Combine that with higher interest rates, and choosing a longer term could mean paying thousands more in interest over the life of your loan.
If you are offered a better interest rate or lower monthly payments or both, you could save hundreds or thousands of dollars over the life of the loan — a great trade for the mild and short - term credit score damage.
By comparing rates and terms from multiple lenders, you can save thousands of dollars in interest over the life of the loan — perhaps pay off your mortgage sooner — or, reduce your monthly payment.
Even small fluctuations in housing markets or interest rates could mean thousands of dollars saved or spent over the course of 15 to 30 years, depending on your loan term.
A shorter - term mortgage could save you tens of thousands of dollars over the life of the loan.
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