monthly payments

USAGE SUMMARY

The phrase "monthly payments" is correct and usable in written English.
You can use it when discussing financial obligations that are paid on a monthly basis, such as loans, subscriptions, or services. Example: "The car dealership offers financing options with low monthly payments to make it easier for customers to afford their vehicles."

✓ Grammatically correct

News & Media

Wiki

Human-verified examples from authoritative sources

Exact Expressions

57 human-written examples

Monthly payments, including insurance, are generally less than $300.

The New York Times

What will the monthly payments be?

The New York Times

That results in lower monthly payments.

The New York Times

And the monthly payments seem so reasonable.

The New York Times - Travel

The difference in monthly payments: about $24.

The New York Times

For nine years, the monthly payments continued.

The New York Times

Their monthly payments total almost $2,600.

The New York Times

And the difference in monthly payments?

The New York Times

He makes monthly payments of $4,000.

The New York Times

Shorter loan terms often mean higher monthly payments.

The New York Times

This annual premium is broken down in monthly payments.

The New York Times

Expert writing Tips

Best practice

In financial contexts, specify whether "monthly payments" are fixed or variable, as this detail significantly impacts budgeting and financial planning.

Common error

Don't solely focus on the "monthly payments" without considering the total cost over the loan term. A lower monthly payment might mean paying significantly more interest over time.

Linguistic Context

The phrase "monthly payments" functions primarily as a noun phrase, often acting as the subject or object in a sentence. Ludwig AI confirms its use in various contexts, indicating its versatility in expressing financial obligations.

Expression frequency: Very common

Frequent in

News & Media

62%

Wiki

16%

Formal & Business

8%

Less common in

Science

7%

Reference

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "monthly payments" is a common and grammatically correct noun phrase used to describe recurring financial obligations. Ludwig AI confirms its widespread usage across diverse sources, primarily in news and media. Its purpose is to convey the amount, frequency, and impact of these payments. The register is generally neutral, making it suitable for various contexts. When discussing "monthly payments", remember to consider all included components and the long-term costs to avoid financial miscalculations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

installment payments

Emphasizes the structured nature of the payment plan, focusing on the individual installments.

recurring monthly charges

Highlights the repetitive nature of the charges and the fact that they occur every month.

regular monthly dues

Suitable for membership fees or subscriptions that are paid monthly.

periodic monthly remittances

Formal term for sending money regularly each month, often used in financial contexts.

monthly outlays

Refers to the expenditure of money on a monthly basis, emphasizing the outflow of funds.

agreed monthly contributions

Highlights that the payments are part of an agreement and are being contributed monthly.

fixed monthly expenses

Focuses on payments that are predictable and do not change from month to month.

scheduled monthly transfers

Describes payments that are automatically sent each month, often used in banking.

monthly financial commitments

Broad term referring to all financial obligations that must be paid each month.

monthly subscription fees

Specifically relates to fees for services or products that are subscribed to on a monthly basis.

FAQs

How can I lower my "monthly payments"?

You can explore options such as refinancing your loan, extending the loan term, or consolidating debts. Each option has its own advantages and disadvantages, so consider your overall financial situation before deciding.

What are some alternatives to saying "monthly payments"?

You can use alternatives like "installment payments", "recurring monthly charges", or "regular monthly dues" depending on the context.

What factors influence the amount of my "monthly payments"?

The amount of your "monthly payments" is influenced by several factors, including the principal loan amount, the interest rate, the loan term, and any additional fees or charges.

Is it better to have lower or higher "monthly payments"?

It depends on your financial goals. Lower "monthly payments" may be easier to manage in the short term but can result in paying more interest over the life of the loan. Higher "monthly payments" can save you money on interest but require a larger immediate cash flow.