Sentences with phrase «predetermined interest rate»

You pay a predetermined interest rate for the duration of the mortgage.

This is because bonds represent funds borrowed by a company or government in exchange for a predetermined interest rate, and guaranteed return of the principal by the borrower.

It's a loan from an investor to an institution, and in exchange the investor collects a predetermined interest rate.

An ARM, also known as a variable - rate mortgage, is a loan that starts out at a fixed, predetermined interest rate, likely lower than what you would get with a comparable fixed - rate mortgage.

When a company or the United States government sells bonds on the open market they are seeking investors to purchase these loans at a predetermined interest rate to raise capital by issuing debt.

Traditional CDs guarantee you'll get your investment back — plus interest earned with a predetermined interest rate — when your term is up.

The process is much like a credit card application, the financial institution will evaluate your application and approve you for an amount with a predetermined interest rate and payment terms.