Rate on an adjustable rate, or variable rate, loan in which the margin is added to an index level in order to determine that rate. Indexes typically used include LIBOR, the prime rate, or the various United States Treasury bill and note rates. Although the margin is typically a constant value, the index level will vary depending upon market conditions.
Related information about fully indexed interest rate:
- Fully Indexed Interest Rate Definition | Investopedia
The interest rate on an adjustable-rate loan that is calculated by adding the margin to an index level. The interest rate on an adjustable (sometimes known as ...
- Mortgage Glossary - The Mortgage Professor
May 2, 2011 ... Fully indexed interest rate. The current .... The initial rate is sometimes referred to as a "teaser" when it is below the fully indexed interest rate.
- Fully-Indexed Rate - Federal Home Loan Bank of Cincinnati
The fully-indexed interest rate on an adjustable-rate mortgage loan is calculated by adding the margin to an index level at the time the loan is made. The interest ...
- What is fully indexed interest rate? definition and meaning
Definition of fully indexed interest rate: Rate on an adjustable rate, or variable rate, loan in which the margin is added to an index level in order to determine that ...
- Fully Indexed Interest Rate DEFINITION - Subjectmoney.com
Definition of Fully Indexed Interest Rate - Finance Dictionary, Articles, Tutorials, Lessons, Study Help & More.
- Adjustable-rate mortgage - Wikipedia, the free encyclopedia
For example, a $200,000 ARM with a 110% "neg am" cap will typically adjust to a fully amortizing payment, based on the current fully indexed interest rate and ...
- Deluxe Conforming Disclosure CM30, 50, 70, 10
Examples of loans with a fully-indexed interest rate (sum of index and margin). 1. 2. Index as of February 16, 2012 is 1.0700%. The index in effect at the time the ...
- FDIC Law, Regulations, Related Acts - Statements of Policy
Dec 3, 2009 ... The spread between the initial fixed interest rate and the fully indexed interest rate in effect at loan origination typically ranges from 300 to 600 ...