The phrase "affordable payment" is correct and usable in written English.
It can be used when discussing financial options that are within a person's budget or means.
Example: "The new payment plan offers an affordable payment option for families looking to purchase a home."
Alternatives: "budget-friendly payment" or "cost-effective payment".
Once you know what you can afford to pay, you can try to negotiate an affordable payment plan with your lender.
I wonder which would be the best course of action to take to make just one affordable payment each month?
That means working out a more affordable payment plan with the borrower or foreclosing on the property.
Consequently, he will make house calls and he will work with clients on creating affordable payment plans.
In the meantime, your best bet is to call your private loan servicer and try to work out an affordable payment plan.
The respondents — physicians, administrators and patients — seek greater clinical excellence, improved individual outcomes and affordable payment mechanisms that can sustain these improvements.
A rent-stabilized apartment, of course, provides a certain sense of security, with affordable payments and fairly predictable increases.
HAMP uses funds from the Troubled Asset Relief Program TARPP) to pay lenders to modify loans of troubled homeowners, creating more affordable payments.
She will also be calling for a statutory framework requiring bailiffs to accept affordable payments rather than insisting on payment in full from impoverished debtors.
Most federal student loans have rates of 6.8 percent (or less) and offer broad consumer protections that allow people who lose their jobs to make lower, affordable payments or to defer payment until they recover financially.
"By proactively contacting pay option ARM customers and discussing other products with better options for long-term, affordable payments, we hope to prevent customers from reaching a point where they struggle to make their payments," Mr. Frahm said.
