Sentences with phrase «less any rate discount»

An Interest Rate Differential (IRD) amount, equivalent to the difference between your annual interest rate and the posted interest rate on a mortgage that is closest to the remainder of the term, less any rate discount you received, multiplied by the amount being prepaid, and multiplied by the remaining time left on the term.

The IRD amount is equivalent to the difference between your annual interest rate and the posted interest rate on a mortgage that is closest to the remainder of the term less any rate discount you received, multiplied by the amount being prepaid, and multiplied by the time that is remaining on the term.

Not exact matches

Compared to the average discounted rate on five - year mortgages over the past five years, which according to ratehub.ca is about 4.25 %, Shearer will have saved about $ 18,000 in interest and owe $ 6,000 less by the time his mortgage expires.

I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term growth, more likely).

Annual subscribers may be entitled to a refund upon cancellation based on a prorated monthly rate less the annual discount.

A measure of this discounting is only available with a significant lag, but the latest figures suggest that around 80 per cent of borrowers taking out variable - rate housing loans pay less than the indicator rate for these loans.

When interest rates are already low, there is less room for the central bank to cut discount rates.

And so in order to be compliant for those 10 % or less, which we sell at a deeply discounted rate to the school, the 90 % + of parents are looking at us and saying, «What in the hell are you doing?

Register with the code «AOPC2014CD», and you'll receive a lower entry price of $ 465 — below the «early bird» rate of $ 515 (which ends in less than a week), and a BIG discount on the full price of $ 625.

Join a reputed dating site: There are many newer websites available on the market that promise to offer more features at a discounted rate, which happens to be way lesser than other services.

Our results showed in a side - by - side comparison that at the news organizations surveyed, free trials resulted in a conversion rate of less than 25 %, while discounted trials resulted in conversion rates of at least 26 % (though the majority was at least 76 %

While this is less upside than equities have enjoyed in falling rate environments, and some of the equity duration models result in falling asset prices as the discount rate rises, the reality is results can vary.

As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.

Thus I say to the young; lobby for lower discount rates, that there might be more taxation in the short - run, and less in the long - run.

Interest on Fixed Deposit can be paid for a period of less than a quarter (monthly interest payout) at the discounted interest rates as per regulatory directives.

Citibank advertises mortgage rates that depend on the purchase of discount points, making its online estimates less reliable to most borrowers than a formal estimate obtained from a mortgage loan officer.

Discount points allow borrowers to pay extra upfront cash in exchange for a lower interest rate and a less costly monthly payment.

The Holiday Loan offers a great discount over our regular personal loan rates, so you can borrow what you need for holiday expenditures and pay less interest than you would with most credit cards.

3 year posted rate = 3.44 % less your discount of 2 % gives you 1.44 % From there, the interest rate differential is calculated.

Contract Rate: 3.14 % LESS 3 - year term rate MINUS discount given: 1.45 % IRD Difference = 1.7 % MULTIPLE that by 3 years (term remaining) 5.07 % of your mortgage balance remainRate: 3.14 % LESS 3 - year term rate MINUS discount given: 1.45 % IRD Difference = 1.7 % MULTIPLE that by 3 years (term remaining) 5.07 % of your mortgage balance remainrate MINUS discount given: 1.45 % IRD Difference = 1.7 % MULTIPLE that by 3 years (term remaining) 5.07 % of your mortgage balance remaining.

[2] A 6 % discount rate is used if the risk - free US 10 Year Treasury Yield is yielding less than 6 %.

For homebuyers with less than 20 % down payment — currently to qualify for a 5 year fixed rate mortgage, borrowers are qualified based on the fully discounted rate which is currently more than 2 % lower than the Bank of Canada benchmark rate.

BMO lowers rate their best discounted 5 year fixed rate to 3.49 % to encourage Canadians to take an amortization 25 years or less.

The higher the discount rate, the less expensive (more discounted) the future payments will be when represented in constant dollars.

The maximum legal interest rate for a loan of less than $ 100,000 for business or agricultural purposes 4.5 % above the discount rate on 90 - day commercial paper at the Minnesota Federal Reserve.

okay here's my two cents worth folks im up for renewal and have just nagotiated a rate 5 yr variable1.75 persent or if i want a five yr fixed at 4.49 still quite a gap between fixed and variable here i believe i have a little lee way here apparently i was only interesed in variable and five yr fixed but i made it absulutly apparent to them that when lock in from a variable i get the whosale discounted rate at that time and written into the contract i kinda believe this the way the market is heading as we head out of ressesion and the bank of canada is going to make there move i believe coming up in june and just to make this firm i do not believe the boc will raise rates in fast mode far from it will be slow process i don't care what the ecconmists are thinking we have to remember manufactering sector is reallt taking a hit on the high dollar and don't forget our niegbours to the south how dependent our canada is with them i believe it will be a slow process a lot of people heve put themselves in a debt load over these enormously low interest rates but i may be wrong i think a variable is the way to go if you want to work on that princibal at least should i say the say the short to medium term and betting that the bond markets stay put for the short to medium term - i have given enough interest to the banks maybe i can pay a little less at least fot the short to mediun term here i have not completly decided yet put i think im going variable although i wish my mtge was up a year ago that would have been just great congradulations to all that did.

If the original balance of the loan is less than $ 25,000, the maximum legal interest rate is more than 5 % above the FRBSF Discount Rate at the time the loan is mrate is more than 5 % above the FRBSF Discount Rate at the time the loan is mRate at the time the loan is made.

Conversely, if rates go up, that 5 % bond will sell at a discounted rate (less than 100).

Displayed «As low as» rate assumes a loan amount of $ 50,000, a 10 year term, a credit score of 740 or greater and a combined loan to value of 80 % or less and includes the following discounts:

Smaller lenders, like ING, often use a less expensive discounted - rate formula.

Displayed «As low as» rate assumes a line amount of $ 100,000, a credit score of 740 or greater and a combined loan to value of 80 % or less and includes the following discounts:

Less than 15 % of borrowers succeed in obtaining any discount other than the 0.25 % interest rate reduction for EFT.

That means that now, we only need to borrow df * K, where df is the discount factor, and is less than one (assuming the good old pre-2009 world where interest rates are positive).

I have found a few less - known discount brokerages that have 3 - 4 % margin interest rates.

(Less common are split discounts, such as successive 0.5 % rate reductions after 24, 36 and 48 months or successive 1 % rate reductions after 24 and 48 months.)

If your discount from Prime is 0.25 % or less, then depending on which lender you are with you may consider converting to a fixed rate, BUT...

I offer them (and my other non-profit clients, in fact) an hourly rate that is discounted at 25 % less than my for - profit hourly rate.

Annual subscribers may be entitled to a refund upon cancellation based on a prorated monthly rate less the annual discount.

If you are in the market for a low ratio mortgage meaning if your loan to value is less than 80 % then you are unlikely to get those discounted rates.

Even if you're not a big fan of hunting for discounts, it's usually worth a 10 second search for a discount code to make sure you're paying less than rack rate.

A discounted hotel room rate or service, such as a tour, is one where you are paying less than the normal price.

If we need to discount to rebook your dates then we will refund your deposit less the difference between the rates and a $ 100 cancellation fee.

I checked a few hotels in destinations where I know the rates very well, and the «Dream Deals» are not available at the most attractive hotels and where they are available, the discounts of the regular rates are only a little less than other advanced purchase rates that offer discounts up to 25 %.

There was also a program from my former electric company that gave a sweet year - round discount on your electric rate for using less than a certain amount of electricity in the summer — more programs like this would be great.

The discount rate provides a way to account for the fact that future earnings are worth less than money in hand today — a concept called the «time value of money.»

With a 5 % discount rate, which is about what one would expect a lot of homeowners to have for a home improvement like this, rooftop solar in Melbourne still produces electricity for less than half the cost of their low low retail electricty prices.

For the less discounted rate, the EV driver chooses a level two charge but allows the system to provide less than the full level two charge if there is a demand response event.

The difference between Professor Nordhaus's optimal carbon tax policy and a fifty - year delay policy is insignificant economically or climatologically in view of major uncertainties in (1) future economic growth (including reductions in carbon emissions intensity); (2) the physical science (e.g., the climate sensitivity); (3) future positive and negative environmental impacts (e.g., the economic «damage function»); (4) the evaluation of long - term economic costs and benefits (e.g., the discount rate); and (5) the international political process (e.g., the impact of less than full participation).

In any calculation about possible future costs and benefits, economists use a «discount rate,» whereby we value future benefits less than present - day benefits.

At a discount rate of 3 %, this damage would be «worth» around $ 430 billion today — considerably less than at 1 %.