Average Mortgage Interest Rate definition

Average Mortgage Interest Rate means the amount indicated on the attached payment plan (Exhibit 1). It is a constant interest rate used to calculate monthly payments to the Borrower throughout the life of the loan.

Examples of Average Mortgage Interest Rate in a sentence

  • The Expected Average Mortgage Interest Rate shall be used for this purpose.

  • Adjustable Rate Group Weighted Average Mortgage Interest Rate...............

  • Net Fixed Rate Group Weighted Average Mortgage Interest Rate....................

  • Net Adjustable Rate Group Weighted Average Mortgage Interest Rate...............

  • Net Adjustable Rate Group Weighted Average Mortgage Interest Rate...........

  • Net Fixed Rate Group Weighted Average Mortgage Interest Rate................

  • Fixed Rate Group Weighted Average Mortgage Interest Rate....................

  • Adjustable Rate Group Weighted Average Mortgage Interest Rate...................

  • Fixed Rate Group Weighted Average Mortgage Interest Rate........................