My take on it is if you have a good income, always do variable — on
top of the lump sum payments you can do yearly, the amount of interest you save will probably more than outweigh the rate at which the rate will go up (if it ever starts going up).
Not exact matches
It emerged last night that ministers have dropped plans to allow women who have taken time out
of work to
top - up their national insurance (NI) contributions with
lump -
sum payments.
She has suggested allowing schools to pay teachers «non-consolidated
payments» — one - off
lump sums on
top of their salary.
The idea
of receiving a
lump -
sum payment of perhaps hundreds
of thousands
of dollars to help pay for
top - notch medical treatment if you are diagnosed with cancer or another critical illness sounds like a smart idea, but unfortunately critical illness insurance is costly and the situations it covers are limited.
You can finance the cost
of the insurance, paying an additional amount on
top of your mortgage
payment, you can pay the insurance premium in one
lump sum each year, or you may be able to set up separate monthly
payments with the lender or the private mortgage insurance company.
Get a
lump -
sum payment on
top of your normal health plan coverage in case you're hospitalized due to an accident or illness.