Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,752,987 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

initial interest rate

    0.01 sec.
initial interest rate
In an adjustable-rate mortgage,the first interest rate charged.
Initial Interest Rate

The interest rate that is fixed for some specified number of months or years at the beginning of the life of an ARM.
See Adjustable Rate Mortgage (ARM)/How the Interest Rate on an ARM Is Determined.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Many airmiles credit cards will also offer rewards, along with a 0% initial interest rate on balance transfers - so consumers can earn simply for choosing to switch to a given airmiles card provider.
A $2,325,000 loan closed with an initial interest rate of 6.
Typically, the initial interest rate on the CD may be slightly lower than a traditional CD.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.