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Interest accrual rate
The mortgage definition for
Interest accrual rate
:
The rate at which interest accrues on a mortgage.
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 only mortgages
Interim interest
Variable interest rate
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Interest accrual rate
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