Sentences with phrase «weighted average interest rates for»

Comment: In response to the Secretary's request for comments on how to make these proposed regulations easier to understand, a major association representing credit unions suggested that for clarity, we provide an example to clarify the regulatory requirement to use weighted average interest rates for Consolidation loans.

Savings calculation of $ 21,916 is based on an assumed loan balance of $ 144,718 and a weighted average interest rate for CommonBond members that refinanced student loans from 10/1/2015 -1 / 31/2016 and indicated they had a Pharm.D degree.

Savings calculation of $ 31,824 is based on an assumed loan balance of $ 247,000 and a weighted average interest rate for CommonBond members that refinanced student loans from 10/1/2015 -1 / 31/2016 and indicated they had a dental degree.

We will calculate the weighted average interest rate for you.

Likewise, and continuing with the unchanging theme, my weighted average interest rate for my taxable account remained the same at 15.05 %.

Not exact matches

Because the interest rate is a weighted average and rounded up, borrowers won't ever save money on interest by opting for a federal consolidation loan unless the loans are pre-2006 and have a variable interest rate.

The interest rate offered on consolidated federal student loans is fixed but varies for each borrower because it is the weighted average of the interest rates on outstanding loans included in the consolidation, rounded up to the nearest one - eighth percent.

The Class A Notes have an interest rate of 2.25 percent and the Class B Notes have an interest rate of 2.64 percent, for an overall weighted average interest rate of 2.28 percent.

The weighted average rate for term loans is 24.6 % simple interest and 42.5 % AIR; weighted average for lines of credit is 32.1 % APR..

7.4 % represents a weighted average interest rate based on a borrow amount of $ 20,500 per year for the Stafford loan and remaining from Direct PLUS.

Since you probably have different interest rates for various loans, consolidating them will get you a weighted average of your current interest rates.

The interest rate listed for each loan on the Loan Market is indicative of the weighted average interest rate of all the investments available for that loan.

The Class A Notes have an interest rate of 2.42 percent, the Class B Notes have an interest rate of 2.75 percent and the Class C Notes have an interest rate of 2.99 percent, for an overall weighted average interest rate of 2.51 percent.

In June, the company completed a securitization of a pool of approximately $ 23.8 million of primarily highly - seasoned vacation ownership notes receivable that the company had previously classified as not being eligible for securitization, at a weighted average interest rate of 6.25 percent and an advance rate of 95 percent.

The weighted average savings calculation is based on the following assumptions: (1) The borrower's loan term selected for the refinancing is the same as the term of his / her original loan; (2) A 0.25 % interest rate reduction for enrolling in automatic payments (optional for borrowers); (3) On - time payments of all amounts that are due; and (4) A static interest rate (Note: variable interest rates may move lower or higher throughout the term of the loan).

* The final fixed interest rate for your federal loan consolidation loan is calculated as the weighted average of the interest rates on the loans being consolidated rounded up to the nearest one - eighth of a percent.

The interest rate offered on consolidated federal student loans is fixed but varies for each borrower because it is the weighted average of the interest rates on outstanding loans included in the consolidation, rounded up to the nearest one - eighth percent.

The interest rate is fixed for the life of the loan and based on the weighted average of the interest rates of each loan being consolidated.

Instead, the interest rate for a federal loan consolidation is based on a weighted average of the old loans» interest rates.

To see if it makes sense to combine your loans, compare the «blended rate,» a weighted average of the first mortgage and a new HELOC or HELOAN, with the interest rate for a new cash - out refinance.

As the end of December, my weighted average interest rates were 17.95 % and 15.35 % in my Roth IRA and taxable accounts, respectively, giving me the potential for high returns over the course of the next few years.

The interest rate for a federal student loan consolidation is based on a weighted average of the previous loans» interest rates.

For federal student loans, the interest is the weighted average of the interest rates of the loans combined.

(8) The weighted average interest rate in «Your Financial Summary» includes the weighted average of the interest rates for Direct «Stafford» Loan, Federal Direct PLUS Loan, CommonBond, Other Private Loans and / or Family Loans.

The current interest rate for a Federal Direct Consolidation Loan is the weighted average of the interest rates being consolidated rounded up to the nearest one - eighth of one percent.

Even though the rate of interest for government debt consolidation loan is the weighted average of the interest rates of old loans — there is almost no interest rate reduction — you still can switch lender that offer a better discount on loan interest rates and a better rebates on other fees.

The weighted average rate for term loans is 24.6 % simple interest and 42.5 % AIR; weighted average for lines of credit is 32.1 % APR..

Using a Direct Consolidation for Federal Student Loans will create a new interest rate that is a weighted average of all the current federal loans you have.

The interest rate for the new loan is a weighted average of the interest rates on the loans you're consolidating, and it's always a fixed rate.

For the original student loans, the projected lifetime costs are calculated using the weighted average term of the original loans and the weighted average interest rate in effect in the month prior to the refinance event, including borrower benefits (e.g. automatic payment discounts).

Interest Rate for» 17 /»18 School Year: Weighted average of loans being consolidated rounded up to the nearest eighth of a percentage.

The weighted average interest rate of the underlying mortgage loans or pools that serve as collateral for a security, weighted by the size of the principal loan balances.

With federal consolidation, the rate for your new loan that you receive is based on a weighted average of your old loans» rates, rather than an entirely new interest rate.

If, for example, a loan is in a grace period at the time the loan holder completes the verification certificate, the lower grace period interest rate would be used in the calculation of the weighted average interest rate on the Consolidation loan.

Another issue is how the weighted average of the interest rates is affected by incentive programs such as interest rate reductions for prompt payment.

The weighted average interest rate is a single interest rate that is calculated by using the borrower's loan balances and the current annual interest rate for each of the borrower's loans.

Because the interest rate is a weighted average and rounded up, borrowers won't ever save money on interest by opting for a federal consolidation loan unless the loans are pre-2006 and have a variable interest rate.