The interest rate as set out in the mortgage/loan contract.
A mortgage note's stated interest rate.
The rate charged on a loan. Payments are calculated as a function of the loan amount, loan term, and the Note Rate.
The actual interest rate shown on the note of the mortgage itself.
the rate of interest shown on the face of the promissory note; the rate of interest charged on an obligation.
This rate determines the amount of interest charged on an annual basis to the borrower. Also called the "accrual rate", "contract rate" or "coupon rate."
The interest rate stated in the legal document (note) used as evidence of the borrower's debt to the lender. The document also describes how the loan will be repaid.
The official interest rate of a loan or promissory note. Buydown and GPM loans will often lower the interest rate and payments in the initial years, before gradually increasing to the official note rate.
The interest rate at which the mortgage payment is calculated. For ARM loans, this rate only covers a certain period of time before the rate adjusts.
The interest rate on the mortgage loan.
The interest rate specified in a mortgage note.
The interest rate stated on the note.
The amount of interest being paid under the terms of the ARM.
The stated interest rate on a mortgage note.
The interest rate on a loan.
the interst rate stated on a mortgage note.
The interest rate recorded on the legal document that describes how your loan will be repaid. In the event of a buydown, for example, the rate you actually pay will differ from the note rate.
This is the rate quoted by the lender, found on the rate screen, on which the principal and interest of your mortgage payment is based. This is not the Annual Percentage Rate (APR).
The interest rate as set out in the mortgage that must be paid back on the mortgage note in addition to the principal amount owed. back
Also known as an Accrual Rate, Contract Rate or Coupon Rate; it is the rate that determines the amount of interest charged annually to the borrower.
The interest rate stated on a mortgage note.