Sentences with phrase «total effective interest rate»
A borrower who qualifies today would pay 0.2 percent (the one - month Libor rate), along with a margin of 2.25 percent and the mortgage insurance premium of 1.25 percent, for a total effective interest rate of 3.7 percent.
https://www.onefpa.org/ Not exact matches
Spread duration is displayed in years and reflects the contribution by sector to the portfolio's total spread duration with the exception of the Treasury and Interest - rate swap sectors where effective duration is displayed.
The total of the compounding interest is the Effective Annual Rate (EAR), the TRUE interest rate, which is higher than the ARate (EAR), the TRUE interest rate, which is higher than the Arate, which is higher than the APR..
And the total of the compounding interest is the Effective Annual Rate (EAR), which is higher than the quoted APR..
As interest rates shift, refinancing student loan debt may be a cost - effective strategy for reducing the total cost of borrowing.