I can get variable rate loan with a 20-year term. The current interest rate is 4%, which is based on the prime rate. I know there’s no precise answer to this question, but what might I expect the overall interest rate to turn out to be? Just a ballpark answer is fine!
Thanks!
Posts Tagged ‘Rate’
What Average Interest Rate Should I Expect To Pay On A 20-year Loan, If The Variable Rate Is 4% Right Now?
July 13th, 2010How To Get A Private Loan With An Adjustable Rate To Give Me A Set Rate?
February 24th, 2010OK, I have a private loan with a variable rate (I know, stupid decision, I was young). I need it to be fixed. I asked them if they offer it, and of course, the lender does not! What can I do? Thanks!
What Is The Interest Rate For This Simple Loan?
February 12th, 2010Suppose that a relative loans you $1,000 today under the condition that you give her one payment of $1,120 at the end of the year. What is the interest rate for this simple loan?
Can I Get A Better Rate If I Use A Va Loan To Purchase A Home?
February 2nd, 2010do mortgage companies give a break to veterans? I am retired, have fair credit, but want to mimimze my monthly payments on a 30 yr fixed loan.
What Interest Rate Can I Expect On A Mortgage Loan With My Credit Scores?
January 28th, 2010What interest rate can I expect on a mortgage loan with my credit scores?
Today I have 564 588 654…I am hoping to have my mid-score up 10 pts by tomorrow, and then i am applying for the loan with the bank. I want a fixed rate, 100% financing, 30 yr loan for $160,000. My income and debt ratios are good. I am closing on the Aug 6th. I have already had the house appraised at $162K, I am paying over $5K in closing costs, and the house has been inspected. This is my first home purchase, is there anything I am missing?
