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Fixed Interest Rate |
0.04 sec. |
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Fixed Interest Rate A loan or mortgage with an interest rate that will remain at a predetermined rate for the entire term of the loan. Notes: An estimated 70-80% of all home mortgages are fixed-rate. |
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? Mentioned in | ? References in periodicals archive | |
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The loan was placed for a ten year term with a 30 year amortization schedule with a fixed interest rate for seven years. The bonds initially bear interest in the weekly rate mode and may be converted to a fixed interest rate mode. The loan was placed for a ten year term with a 30 year amortization schedule with a fixed interest rate for seven years the loan is for $2,025,000. |
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Fixed Interest Rate