School Loans — College loans work just like other types of loans, where you are given
money at a certain interest rate, and you make payments over time to repay the loan.
«Think of the lender buying buckets of
money at a certain interest rate and then reselling the money to the consumer,» says Lou Maldonado, an account executive at Plaza Home Mortgage's New York office.
Not exact matches
Personal loan
interest rates might be
at a
certain level due to the interaction between the supply and demand of the
money supply.
U.S. Bond — a kind of investment in which you lend
money to the government for a
certain amount of time and
at a
certain interest rate.
The bank let you borrow
money arbitrarily, charges you a
certain rate of
interest, and you can pay them back
at your schedule.
For example, if you have a nest egg, even a small one, you'll often be able to earn a higher
interest rate on an account that you can commit to keeping a
certain amount of
money in, so it makes sense to investigate your account and
interest -
rate options
at various banks.
To trade
at higher volumes, traders get involved with margin trading, where they pay a
certain interest rate for the privilege to use other people's (the bank's)
money for their purposes.
Here is how it works — let us say you invest some
money (principal) that earns
interest for you,
at a
certain rate,
at the end of the first period.
With a home equity loan you borrow a set sum of
money at one time and it is paid back over a
certain amount of years and
interest rate that can vary greatly.
To a
certain extent, programs offering low -
interest first mortgage financing are a specialty of state housing finance agencies, which use annual allocations of tax - exempt mortgage revenue bond authority or dedicated state funds to generate pools of mortgage
money at bargain
rates, generally about 1 percent to 2 percent below market
rates.
A mortgage note is a written promise by a borrower to pay a
certain sum of
money to a specific lender over a stated period of time
at an agreed upon
interest rate.