Or they are just looking to lower their monthly payments.

But changes to her proposal in the Legislature would allow local governments to lower their payments, too.

But, over time, companies started lowering minimum payments, sometimes to just two per cent of the balance.

In turn, homeowners can lower their monthly payments and borrow additional money.

By setting that value high, the company can lower the customer's monthly payments, making the deal more attractive.

The immediate effect would be to lower the state's required payments by at least $200 million by most estimates.

The volatility has left some people wondering whether they have missed the chance to lower their monthly payments.

As a result, many private insurers will probably lower their payments for electrocardiograms, adding to the financial pressure on the doctor.

You can lower monthly payments, but if they don't have enough for a down payment then it's an irrelevant question.

Refinancing to lower monthly payments could bring total savings of $2.5 billion to $5 billion over a year, he said.