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Variable interest rate

The mortgage definition for Variable interest rate:

A loan rate that moves up and down based on factors including changes in the rate paid on bank certificates of deposit or Treasury bills.

Similar Matches

Add on interest

Add on interest
The interest a borrower pays on the principal for the duration of the loan.

Applied or nominal interest rate

Applied or nominal interest rate
The rate used to calculate the interest due.

Compound interest

Compound interest
The interest paid on the principal balance in a mortgage and on the accrued and unpaid interest of the loan.

Further Suggestions

Daily interest
Deferred interest mortgage
Incidence of interest calculation
Interest accrual rate
Interest only mortgages
Interim interest

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Variable interest rate
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