Sentences with phrase «blended interest rate»

Get the seller to give an interest rate lower than the first position lender with a 30 year amortization if possible so the total blended interest rate goes down more.

«If the blended interest rate of all cumulative debt — car loans, credit cards, mortgages, student loans — is 5.5 %, but you can get a cash - out refi at 4.5 %, then that's financially beneficial,» says Sheldon.

CSDC's non-traditional financing resulted in a blended interest rate of 1.10 %, substantially below the 7.81 % rate available for commercial facilities at that time.

This enables them to combine multiple obligations into a single payment with a blended interest rate.

This personal finance ratio analyzes your cost of borrowing on a blended interest rate basis.

If you have one or more federal loans, a federal consolidation loan can combine your loans into a new loan with a blended interest rate, and may extend your repayment period.

The blended interest rate is determined by calculating the weighted average interest rate of the original loans (meaning higher balance loans have greater impact).

But if you consolidate those two loans together, you end up with a blended interest rate and lose the ability to pay off the higher - interest loan quicker.

The loan featured a blended interest rate of roughly 7.25 %, or 190 basis points over the 30 - day London Interbank Offered Rate (LIBOR): Greenwich's «A» loan and Mesa West's «B» loan cost about 65 and 350 basis points over LIBOR, respectively.