The Annual Percentage Rate (APR) shown for each MBA loan product reflects the accruing interest, the effect of one - time capitalization of interest at the end of a deferment period, a 2 % origination fee, the full deferment payment plan option (in which there is a 21 - month in - school deferment and a six - month grace period). (commonbond.co)
The Annual Percentage Rate (APR) shown for each in - school loan product reflects the accruing interest, the effect of one - time capitalization of interest at the end of a deferment period, a 2 % origination fee, and the applicable Repayment Plan. (commonbond.co)
Interest that is not paid during deferments capitalizes, or is added to the principal balance of your loans, at the end of the deferment period. (aspireservicingcenter.com)