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  2. Fixed interest rate loan - Wikipedia

    en.wikipedia.org/wiki/Fixed_interest_rate_loan

    A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. [1] This allows the borrower to accurately predict their future payments. Variable rate loans, by contrast, are anchored to the prevailing discount rate . A fixed interest rate is as exactly as it sounds - a specific, fixed ...

  3. Fixed-rate mortgage - Wikipedia

    en.wikipedia.org/wiki/Fixed-rate_mortgage

    Fixed-rate mortgage. A fixed-rate mortgage ( FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or "float". As a result, payment amounts and the duration of the loan are fixed and the person who is responsible for paying back the loan ...

  4. Fixed deposit - Wikipedia

    en.wikipedia.org/wiki/Fixed_deposit

    Fixed deposit. A fixed deposit ( FD) is a tenured deposit account provided by banks or non-bank financial institutions which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. The term fixed deposit is most commonly used in ...

  5. Fixed vs. adjustable-rate mortgage (ARM): What’s the ... - AOL

    www.aol.com/finance/fixed-vs-adjustable-rate...

    A fixed-rate mortgage has the same interest rate for the life of the loan, so your monthly loan principal and interest payment won’t change unless you refinance. Fixed-rate mortgages typically ...

  6. Interest rate - Wikipedia

    en.wikipedia.org/wiki/Interest_rate

    An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum ). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.

  7. Monetary policy - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy

    A typical central bank consequently has several interest rates or monetary policy tools it can use to influence markets. Marginal lending rate – a fixed rate for institutions to borrow money from the central bank. (In the USA this is called the discount rate). Main refinancing rate – the publicly visible interest rate the central bank ...

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