A shorter term personal loan may have larger monthly payments, but you may pay off the loan more quickly and
ultimately pay less in interest over the life of the loan.
Not exact matches
By starting with this one, you'll
ultimately pay less in overall
interest charges.
In almost every case, lender credits represent a loss to the borrower: you'll save less on closing fees than what you'll ultimately pay back in interes
In almost every case, lender credits represent a loss to the borrower: you'll save
less on closing fees than what you'll
ultimately pay back
in interes
in interest.
Through the effort of debt relief programs, you may end up with a lower
interest rate than what you were
paying on the individual debts —
ultimately, requiring you to
pay less money and
interest in the long - term.
And a huge perk is that you'll
pay less mortgage
interest over the life of the loan, which
ultimately will result
in more money
in your pocket.
In the end the consumer will have
less choices and
ultimately pay a higher
interest rate.
Ultimately, a shorter loan term is generally better because you'll
pay less in interest.