Sentences with phrase «interest rate paid»

Both plans are based on reducing interest rate paid on the debt, thus making it easier to afford monthly payments.

The interest spread is defined as the difference between the average interest rate received on interest - earning assets less the average interest rate paid on all deposits.

This is one of the highest interest rates paid for accounts.

Because of the relatively low interest rates they pay, CDs aren't for everyone.

For example, a debt management program can dramatically reduce interest rates you pay on credit card debt and eliminate it in 3 - 5 years.

That's the highest interest rate you pay on your taxes.

As a consumer you have the power to determine what interest rate you pay on your credit card balances.

Having that debt hanging over your head can be difficult to deal with, especially when you consider the high interest rate you pay when you carry a balance.

A typical bond's coupon rate — the annual interest rate it pays — is fixed.

Another use of refinance is the possibility to modify the type of interest rate paid for the loan.

Given the disparity in credit card interest rates it pays to be proactive and try and lower the interest rates on your credit cards.

The terms of the the loan will be executed at a five percent interest rate paid over five years.

I'm trying to figure out the fee - adjusted interest rate paid when incurring a balance transfer fee on a loan, not accounting for inflation.

It is the actual yearly interest rate paid by the borrower, including the points charged to initiate the loan and other costs.

The effective interest rate paid by consumers did not increase and is no higher today than it was in 2007 or 2008.

And the ongoing interest rate you pay on a credit card will almost invariably be much higher than what you're paying on a student loan, auto loan or mortgage.

The interest on withdrawal is always higher than the normal interest rates you pay when you use the card for purchase.

The downward trend in recent years reflects a larger fall in the average interest rate received by banks than in the average interest rate paid.

You'll pay a lower interest rate you pay and no annual fee.

Benefits of above average credit scores not only mean access to more credit opportunities such as obtaining a mortgage or auto loan but also what interest rates you pay.

Won't reduce amount owed, but can help reduce interest rate paid on debt.

This is despite the fact that interest rates paid on debt by households are substantially lower now than in 1996.

Having that debt hanging over your head can be difficult to deal with, especially when you consider the high interest rate you pay when you carry a balance.

Having that debt hanging over your head can be difficult to deal with, especially when you consider the high interest rate you pay when you carry a balance.

This increase is due to the existence of more funds held in IOLTA accounts rather than an increase in interest rates paid by banks.

Although the Federal Reserve twice raised interest rates 0.25 percent in December and March bringing it up to 1 percent, many banks have not raised interest rates paid on their IOLTA accounts.

The current interest rate paid by debtors during any other time period is 3.4 percent, but it is scheduled to double to 6.8 percent on July 1.

There are a couple of popular single - premium policies: 1) Single - premium whole life, which offers a fixed interest rate paid by the insurance company which taken on any potential risk rather than the policy holder; and 2) Single - premium variable life, which allows policy owners to select from a menu of professionally managed financial portfolios.

An added benefit of a dividend - heavy stock portfolio over an interest - paying bank account is that, on top of the 2 % -3 % you'll receive in dividends, the stock itself will likely return 6 - 7 % annually — which is a growth rate that far exceeds most interest rates paid by banks.

When people say «the 10 - year Treasury rate,» they don't mean the fixed interest rate paid throughout the life of the note.

But a large fraction of the Reserves has been «sterilized» by the device of this trivial interest rate paid on them.

Consider: Home buyers who get a $ 300,000, 30 - year mortgageat a 4 percent interest rate pay about $ 215,000 in interest over the life of the loan; home buyers who get a mortgage for the same amount but at a 5 percent rate pay about $ 64,000 more in interest over the life of the loan, despite only having an interest rate that's 1 percentage point higher.

Besides securing some of the most competitive interest rates paid in the New Jersey and New York area, both savings plans come with:

The variable interest rate you pay will be a derivative of the benchmark rate.

The FDIC's current regulation ties permissible interest rates paid by these banks on deposits solicited nationally to the comparable maturity Treasury yield, and ties permissible interest rates on deposits solicited locally to undefined prevailing local interest rates.

For accounts in which two or more interest rates paid on the account are applicable to specified balance levels, the institution must calculate the annual percentage yield in accordance with the method described below that it uses to calculate interest.

Currently interest rates paid to borrowers are quite high compared to prevailing inter-bank rates.

This bill would lower the interest rate on subsidized Stafford student loans to 0.75 percent, which Senator Warren says is the same interest rate paid by large banks on loans from the Federal Reserve.

1The interest rate you pay on your Line of Credit will vary with the HSBC Prime rate.

Summary: When you refinance your house and borrow more money, how to calculate the incremental interest rate you pay?

The important thing to understand is that APR and APY aren't laws of nature: they're accounting identities that are based on the idea of compound interest: if the fees you pay, or interest you earn, is added to your original balance on a daily or monthly basis, then you'll end up paying (or earning) more over the course of a year than you will if you simply multiplied your first month's balance by 12 times the monthly interest rate paid (or earned).

A major source of income for these companies is the profits they reap from investing the money from the funds, while retaining the difference between those profits and the nominal interest rate they pay to the policy owners.

The graphic below shows current average interest rates paid for different categories of bonds at different maturities.

The average interest rate paid by Orlando homebuyers in March was 4.29 percent, steady from 4.29 percent the month prior.

The federal government guarantees FFELP loans against borrower default and ensures that the lenders receive a market rate of return on the loans despite the lower interest rates paid by borrowers of education loans.

* This is a combined bonus and regular annual interest rate paid on new deposits made to a CIBC eAdvantage Savings Account («eSA») when the account balance is $ 5,000 or more.

You get to choose what interest rate you pay yourself back at, if you choose to pay yourself back at all.