An interest rate on an increased loan which is derived from a formula taking into account the interest rate on the existing loan and the interest rate required on the monies.
The rate credited on the stable value fund for the reporting period, calculated as a "blend" of the crediting rates on the investment contracts and other assets in the fund.
A rate offered by a lender, somewhere between a previous rate and a new loan rate.
an average (rounded) of the domestic debt credit ratings issued by Standard and Poor's Rating Services, Moody's Investors Service Limited and Dominion Bond Rating Service
Blended rates may be done to accommodate an adjustment to your contractual interest rate in the event of lower rates, porting your mortgage to a different property or a request for an increase of your balance.
An interest rate for a newly financed loan that is higher than the existing rate but lower than the current market rate.
the "blending" together of two rates to lower overall rate of interest. Example: blending the rate of 8% first mortgage, and a 10% second mortgage, allows the buyer to more readily qualify.
Created when an old loan is refinanced and extended at an interest rate which is different from the original rate: the old debt is still payable at the old rate; the new debt is payable at the new rate; the total amount of the debt is payable at a rate of interest that is somewhere between the two rates.
A new interest rate on an increased mortgage loan which is derived from a formula which takes into account the interest rate and remaining term on the existing loan and the derived rate and term on the new funds being advanced.
This rate is used for home equity adjustable rate term loans and is the rate used to calculate the monthly payment which will amortize the loan at a specified term when changes to the rate (moving from a fixed rate to a variable rate) are taken into consideration.
Adjusted rate of interest on loan assumption.
An interest rate, applied to a refinanced loan, that is higher than the rate on the old loan but lower than the rate offered on new loans.
The average of two loans with different rates. Example: When financing equipment and real estate with a single loan, the rate of each product is combined. The final rate of the equipment loan is likely to be higher than it would be if financed separately, however, the rate for the real estate loan is likely to be lower than it would be if financed by itself.
Interest rate of a blended loan, which exceeds the rate on the old loan but is less than the rate on new loans.
