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Annual percentage rate calculation?
Q. A applicant accepts an offer of a 25 years fixed rate loan from a lender at an interst rate 6 5%for an amount of $150,000. The lender charges include a loan origination fee of $4500 and 2 discount point. How do you calculate the APR ?
What does it mean to refiniance?
Borrow money from a 2nd lender (hopefully at a lower rate) to pay the first lender
Interst rate in Pakistan?
11 % (Octobre 2008) found on www.geld.at
Does a higher down payment result in a lower interest rate?
In general, a higher down payment can result in a lower interest rate on a loan. This is because a larger down payment reduces the lender's risk, making them more likely to offer a lower interest rate.
How can I get a lower mortgage interest rate?
To get a lower mortgage interest rate, you can improve your credit score, shop around for different lenders, consider a shorter loan term, make a larger down payment, and negotiate with your lender.
Alfred wants to invest 4000 at 6 percent simple interst rate for 5years how much interst will he receive?
40 x 6 x 5 ie 1200
Can the finance company charge 39.91 APR on your car loan in Greenville SC what the set rate max that can charge?
If you signed your contract, more than likely the finance company is not going to change the APR rate. But, on the other hand if the finance company is a direct lender.. then you can try to refinance with the current lender or another lender to get a lower APR rate - depending on your credit rating at the time.
How can I lower my monthly payments by restructuring my mortgage?
You can lower your monthly mortgage payments by restructuring your mortgage through options like refinancing, extending the loan term, or negotiating a lower interest rate with your lender.
After signing a contract. Can i renegociate my high interst rate ?
The only way you could do this is if they defrauded you in the contract.
Can you make payments on a credit card by using another credit card with a lower interst rate?
Yes - it's called 'balance transfer' and is commonly done if you transfer the entire balance in one fell swoop.
How can I secure a lower mortgage interest rate?
To secure a lower mortgage interest rate, you can improve your credit score, shop around for different lenders, consider a shorter loan term, make a larger down payment, and negotiate with your lender.
How do you get rid of a car once you have signed the contract and your apr is really high?
Sell it to someone else, and pay the difference in what you sell it for and the balance on the loan. Or you could try to refinance the car with another lender at a lower interest rate.Sell it to someone else, and pay the difference in what you sell it for and the balance on the loan. Or you could try to refinance the car with another lender at a lower interest rate.
