Sentences with phrase «amount by the interest rate»

Not exact matches

Here's the catch: If you fail to pay off the whole balance by the end of the interest - free period, you're on the hook for high interest rates against the original purchase amount — and not the remainder.

The benchmark interest rate would be 2.5 % now instead of 0.5 %, and household debt would be lower by an amount equal to 5 % of GDP, according to Poloz's calculations.

Central banks are running nothing short of a «Ponzi scheme» by printing infinite amounts of cash and cutting interest rates to record lows, an analyst told CNBC.

The «big banks» out there — Bank of America, Chase, Citibank, and Wells Fargo, to name a few — usually offer an interest rate of 0.01 %, meaning your savings just sit there, growing by a negligible amount.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

The amount of interest paid per year is determined by the interest rate, which is calculated based on your loan amount.

Stocks are unlikely to be derailed by a surge in interest rates, with the Federal Reserve Board expected to lift its benchmark short - term rate by only modest amounts two or three times during the rest of the year.

By opting to refinance Parent PLUS loans through a private lender, you could save a large amount of money on the interest rate.

Typically, they will only receive the amount of money you had paid in premiums plus interest (interest rates vary by insurer).

The interest rate is expressed as a percent of the total loan amount and your lender will add it to the principal to calculate the monthly payments you'll need to make to pay off the loan by the end of its term.

Interest rates on government debt, too, were set by the authorities, and there were «captive market» arrangements under which banks and other institutions were required to hold minimum amounts of government debt.

[Central banks] are supportive of these new technologies because they'll improve the payment system... but it won't affect the ability of the Fed to require a certain amount of reserves,» remarked Bernanke about a central bank's ability to curb inflation by altering interest rates.

The signs of weakness that were seized upon were anomalies; the underlying economy remained very strong, incipient inflationary pressures were starting to appear, and during this period our interest rates were raised, as it turned out, more or less by the same amount as those in the United States.

In the meantime, investors do not seem to be concerned by the interest rate warnings and continue to fuel the ETF market looking for the greatest amount of yield.

1 Factor rate is the financing cost divided by the loan amount - but that's not how traditional interest rates work.

The amount by which an adjustable - rate mortgage's interest rate can jump is capped in the loan terms, so your lender can't suddenly slam you with a 20 % interest rate after your introductory period ends.

This reduces the size of their monthly payments (and the total amount paid overtime) in two ways — by getting a lower interest rate, and by removing the need for mortgage insurance.

First off, an interest rate is the amount charged by a lender for the use of the money you are borrowing.

When interest rates change, a bond's price will change in the opposite direction of rates by a corresponding amount.

In addition to near zero interest rates, central banks created excessive amounts of money by issuing trillions of dollars of bonds, e.g. QE1, QE2, QE3, QE4, etc. pushing unprecedented amounts of newly created money into global markets to contain the growing deflationary threat; and, while it failed to contain deflation, the excessive liquidity is now circulating in markets with no place to go, akin to moribund monetary edema.

When the Fed hikes interest rates, consumers can expect the prime interest rate to rise, too, possibly by the same amount.

By refinancing into a loan with a lower interest rate, homeowners can reduce their monthly payments and the total amount of interest paid over time.

Banks raised interest rates on most categories of variable - rate loans by a similar amount to the rises in the cash rate between November 1999 and May 2000 (Table 9).

By factoring in your mortgage rate, amortization and payment term, you can calculate the amount of interest you will pay over time.

If your current mortgage interest rate is five percent, you are guaranteed to «earn» five percent — by saving interest — on any amount of principal you pay off.

Promotional interest rate offers may cause you to lose the grace period on purchases if you do not pay the entire statement balance (including the amount subject to the introductory APR) by the payment due date.

Are they a quick stopgap, or are they a pricey band - aid solution to chronic financial problems that compound the problem they purport to solve by charging what amounts to triple - digit interest rates?

I think over the past 10 years, due to the zero - interest - rate policies by the global central banks, we have had a massive amount of debt issuance that's occurred as investors had been encouraged to go out the curve or down the credit curve in order to seek income, seek yield.

The cash value of a universal life insurance policy accumulates based on the amount of premium paid, monthly deductions for policy costs and an interest rate that is declared by the insurance company.

Instead, when the Fed makes its first rate hike — something that probably won't happen until at least September - 2015 — it will do so by 1) raising the interest rate paid on bank reserves, 2) increasing the amount that it pays to borrow money via Reverse Repurchase agreements, and 3) boosting the rate that it offers to financial institutions for term deposits.

You can either invest instantly in loans that are for sale, or you can bid on the Loan Market by choosing your interest rate and bid amount.

Select from 1, 3, 5, 7, or 10 year periods during which the interest rate remains unchanged, followed by 1 - year periods in which the interest rate may increase or decrease on an annual basis resulting in a change in your monthly payment amount

By refinancing out of your existing low interest rate, you're increasing the amount and term of your mortgage, while raising the interest rate and payment.

Since rate caps were removed by the Legislature in the 1980s, there's been no limit to the amount of interest lenders can charge on those loans.

By purchasing massive amounts of high - risk MBS and long - term government bonds, the Fed helped lower longer - term interest rates but steered credit away from private investment, which was also impeded by stricter macro-prudential regulationBy purchasing massive amounts of high - risk MBS and long - term government bonds, the Fed helped lower longer - term interest rates but steered credit away from private investment, which was also impeded by stricter macro-prudential regulationby stricter macro-prudential regulations.

To estimate the amount you have to pay back on the loan, you can multiply the factor rate by the loan amount, which will give you the loan cost plus the interest.

The National Association of Probation Officers (Napo) believes it is costing # 5 million and that the government will repay the investors with a significant amount of interest if reoffending rates are reduced by at least seven per cent against the predicted score.

Missing from this piece is the fact that the interest rate on the amount borrowed from the pension funds would be lower than that charged by outside lenders, or payable on bonds.

Higher interest rates are a greater danger to the recovery: «Because of the mess in the public finances created by the last Government, the amount of debt interest that we have to pay out is growing and beginning to exceed some core Government budgets.

More than that it demonstrates what boredom fueled by a disgusting amount of money can buy and the result, disturbing or not, is interesting and surprising enough to warrant a decent rating.

If any sum payable by you to LEGO Education is not paid in full on or before the due date, LEGO Education shall be entitled to interest on the amount not paid at the rate specified in the Late Payment of Commercial Debts (Interest) Act 1998, both after as well as before judgment or order, calculated from the due date until the date that payment is actually received by LEGO Edinterest on the amount not paid at the rate specified in the Late Payment of Commercial Debts (Interest) Act 1998, both after as well as before judgment or order, calculated from the due date until the date that payment is actually received by LEGO EdInterest) Act 1998, both after as well as before judgment or order, calculated from the due date until the date that payment is actually received by LEGO Education.

[40] Project sponsors can reduce the interest rate by way of a limited buydown up to 1 1/2 percentage points (150 basis points) or the amount of the increase in the interest rate, whichever is less.

However, to the extent that the demand for the reduced interest rate exceed amounts available in the set - aside, [205] the DOT will establish a date by which sponsors of Rural Projects should submit their TIFIA Letters of Iinterest rate exceed amounts available in the set - aside, [205] the DOT will establish a date by which sponsors of Rural Projects should submit their TIFIA Letters of InterestInterest.

The EFSF will now be able to loan the full amount allotted to the fund, it will be allowed to buy sovereign bonds on the primary market, and the interest rate on loans to Greece was cut by a percentage point while the maturities of the loans were extended.

Semiannual interest payments are determined by multiplying the inflation - adjusted principal amount by one - half the stated rate of interest on each interest payment date.

A margin, which is an amount set by the bank based on your creditworthiness, is added to the interest rate index.

By using the cosigner's credit score and income to guarantee the loan, the borrower can receive more favorable loan terms, like a lower interest rate and a larger loan amount.

This fee is based on your current interest rate multiplied by the balance owed every day the amount is unpaid.

Credit counselors are firms that negotiate monthly payment plans with creditors by lowering interest rates or forgiving late fees so debtors can repay the full amount.

To calculate this, you take the percentage that each loan makes up of the total amount, and multiply it by that loan's interest rate.