Sentences with phrase «average of the interest rates»

The interest rate offered on consolidated federal student loans is fixed but varies for each borrower because it is the weighted average of the interest rates on outstanding loans included in the consolidation, rounded up to the nearest one - eighth percent.
Lock into a fixed interest rate, which is calculated based on the weighted average of the interest rates on your loans you are consolidating.
The borrower's new interest rate on the Direct Consolidation Loan is a weighted average of the interest rates of the underlying loans.
The new interest rate is a weighted average of the interest rates of your old loans.
The weighted average of the interest rates from your individual loans, rounded up to nearest one - eighth of a percent (0.125) and capped at 8.25 %.
It is not based on actual interest paid, but rather the weighted annualized average of all interest rates in effect on World Savings deposit accounts on the last day of each month.
The new interest rate is simply a weighted average of the interest rates on the loans being consolidated.
* The final fixed interest rate for your federal loan consolidation loan is calculated as the weighted average of the interest rates on the loans being consolidated rounded up to the nearest one - eighth of a percent.
The interest rate offered on consolidated federal student loans is fixed but varies for each borrower because it is the weighted average of the interest rates on outstanding loans included in the consolidation, rounded up to the nearest one - eighth percent.
(On the other hand, if the weighted average of the interest rates on the other loans would have resulted in the interest rate being rounded up nearly 1 / 8th of a point, including a fixed rate loan might mask some of the roundup, indirectly saving a little money.
The interest rate is fixed for the life of the loan and based on the weighted average of the interest rates of each loan being consolidated.
The index is usually an average of the interest rates on a particular type of security such as the LIBOR.
The fixed rate is the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one - eighth of one percent.
The fixed rate is based on the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one - eighth of 1 %.
into one payment that uses a weighted average of all interest rates.
The fixed rate is based on the weighted average of the interest rates on the loans at the time of consolidation, rounded up to the nearest one - eighth of a percentage point.
Federal consolidation is not considered refinancing because the new (fixed) interest rate is simply the weighted average of the interest rates on the loans being consolidated.
The interest rate on the new loan is a weighted average of the interest rates on the previous loans rounded up to the nearest eighth of a percentage.
The COSI is based upon the average of all interest rates on World Savings deposit accounts.
The interest of the new Direct Consolidation Loan will be calculated as the weighted average of interest rates of the student loans you are consolidating.
For federal student loans, the interest is the weighted average of the interest rates of the loans combined.
When the new loan has a lower interest rate than the average of the interest rates on the old loans, you should be able to save money on interest over time and / or lower your student loan payment.
(8) The weighted average interest rate in «Your Financial Summary» includes the weighted average of the interest rates for Direct «Stafford» Loan, Federal Direct PLUS Loan, CommonBond, Other Private Loans and / or Family Loans.
The current interest rate for a Federal Direct Consolidation Loan is the weighted average of the interest rates being consolidated rounded up to the nearest one - eighth of one percent.
The penalty for a variable rate certificate account will be calculated based on the average of the interest rates in effect during the term of the account, regardless of the length of time the funds have remained on deposit.
Even though the rate of interest for government debt consolidation loan is the weighted average of the interest rates of old loans — there is almost no interest rate reduction — you still can switch lender that offer a better discount on loan interest rates and a better rebates on other fees.
The interest rate becomes the average of the interest rate of each loan, and most federal student loans can be consolidated easily.
Your interest rate on that loan will be the weighted average of the interest rates on the combined loans, rounded up to the nearest one - eighth of one percent.
A Direct Consolidation loan will give you the weighted - average of your interest rates.
When consolidating two or more federal student loans, the interest rate on the new loan is the weighted average of the interest rates on the original student loans, so you will not save money due to a lower loan interest rate.
The interest rate for the new loan is a weighted average of the interest rates on the loans you're consolidating, and it's always a fixed rate.
The average of these interest rates can be quite high, making the overall cost of debt quite high too.
This fixed rate will be determined by the weighted average of the interest rates on your current loans, rounded up to the nearest
Lock into a fixed interest rate, which is calculated based on the weighted average of the interest rates on your loans you are consolidating.
However, the interest rate applied to a federal student loan consolidation is the weighted average of the interest rates on all loans included in the consolidation, rounded up to the nearest one - eighth of a percent.
Lock into a fixed interest rate, which is calculated based on the weighted average of your interest rates at the time you consolidate your loans.
When a student consolidates his or her loans, the weighted average of the interest rates is rounded up to the nearest 1 / 8th of a percentage point.
Another issue is how the weighted average of the interest rates is affected by incentive programs such as interest rate reductions for prompt payment.
Notwithstanding the above, interest will continue to accrue at the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one - eighth of one percent.

Not exact matches

Gold, meanwhile, hit a six - week low of $ 1,307.40 an ounce, as the dollar strength and bets on higher interest rates kept it on the slide having already gone dropped through its 100 - day moving average.
Credit card cash advances: Cash advances are often subject to a higher rate of interest compared to the rate that applies to purchases.The average cash advance rate is about 24 percent, according to CreditCards.com
Though that's around twice the average over the past 50 years, it's what would be affordable given the CBO's projections of low interest rates for years to come.
On average, you pay a 1 - 3 % higher interest rate when compared to the prime rates found in lines of credit and bank loans.
Private equity returns remained strong but were lower than the prior year quarter, while income from our fixed income investment portfolio increased due to a higher average level of fixed maturity investments and higher short - term interest rates.
Given the average inflation rate of -0.2 percent during that interval, real short - and long - term interest rates of 0.5 percent and 1.7 percent indicate an easy credit stance and a low cost of capital.
With typical compound interest rates averaging around 16 %, this black hole of debt keeps growing, and growing, and growing.
The 2.9 % rise in December average hourly earnings «might put a little bit more pressure on the Fed to accelerate the path [of interest rate hikes], but I really don't think it's going to be that significant a push,» said Dan North, chief economist at Euler Hermes North America.
Egged on by low interest rates and lax lending standards, they've acquired massive debt — 165 % of their disposable incomes, on average.
Alternatively, it's best to shorten the average term to maturity of your bond portfolio as interest rates enter into a rising cycle, because the shorter the term, the less their price will be affected.
An undergrad who borrows $ 37,000 — and that's less than the national average for 2016 graduates — and has an interest rate of 4.45 percent will pay $ 8,908 in interest over 10 years, according to NerdWallet's student loan calculator.
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