face interest rate

0.01 sec.

Face Interest Rate

The interest rate listed on a loan agreement. The face interest rate may bear little relation to the interest actually paid because the face rate does not indicate how often interest compounds. The annual effective rate is a better measure of interest. However, for the sake of simplicity, some lenders may list the annual effective rate as the face interest rate. It should not be confused with the nominal interest rate.

face interest rate

The interest rate shown on the face of a promissory note and used to calculate the monthly payments on a loan. In order to help borrowers compare apples to apples when shopping for a lender,the federal Truth in Lending Act requires lenders to reveal an annual percentage rate which includes the “face interest rate” plus the value of some closing costs and prepaid expenses.

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effective interest rate Interest-Rate Risk			Byline: Mark Jewell BOSTON - Five banks have created a $125 million fund to refinance mortgage loans for New England borrowers who are keeping up with monthly payments but face interest rate increases that could eventually put them at risk of losing their homes. Banks start mortgage relief fund; Program to help New England by Telegram & Gazette (Worcester, MA) There are ways to refinance this situation, but the likelihood is that you will face interest rate penalties - and then again, you are in a difficult position and that might be your best - indeed only option. Deferred Student Loans - There's No Escape! by Martin Haworth / Banking, finance and accounting community BANK of England policymakers signalled yesterday that borrowers could face interest rates at 6 per cent this year. Bank rate 'to hit 6pc' by The Mirror (London, England)			Extrapolative statistical models Extraterritoriality Extrato de conta Extreme Value Theory Extrinsic Value eye appeal Eye Camera Eye Movement Analysis Eyebrow Eyrir F F.O.B. Airport F.O.B. Freight Allowed F.O.B. Freight Prepaid F.O.B. Named Inland Carrier F.O.B. Named Port of Exportation F.T.C. F.W. Woolworth F/C Fa Zhan Fabbisogno di capitali Fabless Company FAC facade facade easement face interest rate Face of Policy face value Face-Amount Certificate Faced Mail Fachzeitschrift Facilitating Intermediary Facilitation facilitator Facilite anticyclique facilities management Facility Facility Fee Facility License Facility of Payment Clause Facing Slip Facsimile Draft FACT Act Factor Factor Analysis Factor Cost Factor Endowment Factor Income Factor Incomes from Abroad Factor Market Factor Mobility			face fits face fits face fits face fits face flannel face flannels face flies Face fly Face fly Face fly Face fly face form face form face form face form face forward face fungus Face Fusiform Area face gear face glazing face guard face guard Face hammer Face hammer face haulage face head-on face height Face in Action Face in the Mirror Face Information Digested On-Line face interest rate Face Interest Rates face into face is a picture Face It Face It Act Now Face It Together Face joint Face joint Face Lathe Face Left Face Level Riverboarding Championships face lift face lift face lift face lift face lifting face louse face louse face louse face louse face mark face mask face mask face mask face mask Face Mask and Guedel Oral Airway Face Mask Ventilator face masks face masks face measure

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