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What is a bank rate calculator used for? - Answers.com

por Declan Daws (2019-11-01)


A bank rate is the rate of interest that is charged or paid by a bank on a balance of debt or credit. A bank rate calculator allows an individual to enter an amount and a bank rate, and see the impact of that rate against the balance.

What information is needed to used the Bank of America mortgage rate calculator?
The information needed to use the Bank of America mortgage rate calculator is the price of the mortgage (or cost), the percentage of the cost that will be covered by the down payment, the term of the mortgage (in years), and the state in which the applicant lives.

Where can one find a car payment calculator?
One can find a car payment calculator online on several websites. Some of these websites are Edmund's, Bank Rate, Yahoo Auto, Rate City and Bank of America.

Where can one find a home mortgage rate calculator?
There are many different online websites that have a home mortgage rate calculator. Some of these websites include Bank of America, BankRate, Wells Fargo, and Mortgage Calculator.

Where can one find an online home equity rate calculator?
Home equity rate calculators are available online from many different sources. Some examples of these sources include Bank Rate, Bank of America, and TD Bank.

Where can one get a small business loan calculator?
A small business loan calculator can be found at Yahoo Small Business Loans, TD Bank, Bank Rate, Bank of America, Prosper, Capital One and Finance Guru.

How can one calculate their mortgage on bank rate?
One can calculate their mortgage rate by using a mortgage calculator. Their are many scattered across the web. Also one may go to their bank and have them help calculate their rate.

Where could one find an auto loan calculator?
If someone wanted to find an auto loan calculator there are a variety of places where someone can find one. Some of these places are Tesco Bank and Bank Rate.

Where can one find a loan rate calculator online?
There are a number of online sites that contain loan rate calculators. The official sites for TD Bank and Quicken Loans, for example, both feature this calculator.

Where can one find a free online adjustable rate mortgage calculator?
A free online adjustable rate mortgage calculator can be found on CalcXML, Bank Rate, Time Value, Easy Calculation, Decision Aide, Mortgage Maven and Nationwide.

Which loan calculator is the best one available?
There are many great loan calculators that are available for use. The best loan calculator that is currently available for use is the Bank Rate Loan Comparison Calculator.

When is an arm mortgage calculator used in banking?
An ARM mortgage calculator is used when you have an adjustable rate mortgage instead of a fixed rate mortgage. It is recommended that you get a fixed rate mortgage to avoid sudden spikes in your monthly payment.

What is the mortgage rate calculator used for?
A mortgage rate calculator will take a person's mortgage loan amount and the interest rate associated with the loan and give you an estimated payment rate. Normally, an estimated monthly payment rate.

Where can one download a calculator for the monthly mortgage?
There are many places where one can download a calculator for the monthly mortgage. One can download a calculator for the monthly mortgage by visiting popular on the web source such as Bank Rate and Zillow.

Where can you find a rbs mortgage calculator to use online?
RBS (The Royal Bank of Scotland) offers a mortgage calculator through their official website. You will nee to the the amount and length of the mortgage you are interested in. They also offer a repayment calculator and a rate change calculator.

How does a Home loan Calculator assist?
A home loan calculator gives you the amount that you can be loaned out by the bank based on the tenor, finance amount and the rate of interest. This will help you plan your finances.

How does one use a car depreciation calculator?
A person can use a car depreciation calculator by checking the following sources: What Car, Free Online Calculator Use, Edmunds, Bank Rate, Cars Direct, to name a few.

Difference between bank rate and PLR?
BANK RATE--- bank rate is rate which is used for lending or borrowing in call money market (One bank lends to or borrows from other banks for intra day) PLR-- Rate is benchmark rate for banks.

Which websites offer a free refinance calculator?
There are many websites that offer a free refinance calculator. These include those by most refinance banks, 바카라사이트 as well as sites such as Bank Rate and Realtor.

Where can you obtain information on adjustable rate mortgage calculator?
Most bank websites will provide an adjustable rate mortgage calculator on their website under the home loan section. They provide these calculators so that you can see what to expect and what type of home loan is best for you.

Where can one find a refinance interest rate calculator online?
One can find a refinance interest rate calculator online at many different sites. CalcXML is one such site. Bank Rate is another, and Mortgage-Calc is a third. Additionally, Nationwide, Chase, and Capital One all have refinance rate calculators online.

Where can one go to get a second loan?
You can get a 2nd loan online from the Bank Rate website. Once on the page, you can use the rate calculator to find a lender within your price ranges.

Where can you find an online adjustable rate mortgage calculator?
You can find adjustable rate mortgage calculators on the websites of all big banks, such as TD Bank and Bank of America. Unfortunately due to the restrictions of this task I can't link you directly to one.

What is the purpose of a loan calculator?
The purpose of a loan calculator is multi-facet. The loan calculator can be used to calculate the rate of a mortgage loan for a home or loan for an automobile. This calculator can also provide the actual monthly payment for a loan based on the fixed or variable rate entered for determining the monthly rate and advise of the length of time or terms of the loan.

Where online can one find a car leasing calculator?
Bank Rate and Car Lease Calculator are two places where an individual can go in order to make use of a car leasing calculator. Both also offer reviews and suggest good deals.

What is a good website for a car loan payment calculator?
The auto loan calculator through Bank Rate is a good tool online for determining what a car loan payment might be. You simply enter the loan amount, time period and interest rate and it tells you what you payments will be.

Where would an ing mortgage calculator?
ING direct and ING bank offer mortgage rates as well as a mortgage calculator on their website. Once you have confirmed a lock-in rate you can calculate your mortgage payment accurately.

Where can one find a car loan calculator?
There are a multitude of sites that offer car loan calculators such as Bank Rate, Edmunds, and The Calculator Site. Many banks also offer a similar tool, such as Chase.

What sites offer an IRA minimum distribution calculator?
One of the sites that offers an IRA minimum distribution calculator is the Kiplinger website. Another of the websites that also offers this service is the Bank Rate website.

Where can one find a car financing calculator?
Bank Rate is the best website for any loan calculator. Their loan calculators are free and easy to use. Their site also provides informational articles about loans.

Where can one find home loan rates comparisons at?
One can compare home loan rates on a website called Bank Rate. Bank Rate not only offers comparisons on loan rates, they also offer a mortgage calculator and reviews on mortgages.

What do you mean by bank rate?
Bank rate, also referred to as the discount rate, or it is the rate of interests which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the bank rate are often used by central banks to control the money supply.

What information is needed in order to use a bankrate mortgage calculator?
In order to correctly use a bank rate mortgage calculator one will need to know the amount of their mortgage, the term of the mortgage, interest rate, the start date of the mortgage as well as monthly payments being made.

Where could one find a free mortgage payment calculator?
There are many places one could find a free mortgage payment calculator. Some of the more popular websites that offer them are Bank Rate and Scotiabank.

Is the Royal Bank loan calculator easy to use?
The Royal Bank calculator is very easy to use, as long as you have the necessary figures prepared. You simply punch in the figures and the Royal Bank calculator does the rest of the work for you.

What website has free car payment calculators?
There are many websites that have free car payment calculators for your use. Try your online bank first as they are sure to have one. Alternatively, Bank Rate, Shareware Island, About Banking, The Calculator Site and Online Loan Calculator (to mention just a few) are available as well.

What is the term Official Cash Rate mean in Australia?
The term Official Cash Rate (OCR) is one that is used in Australia and New Zealand. It is used to describe the bank rate and interest rate a bank charges on overnight loans given to commercial banks.

Where can one find a Roth IRA interest calculator?
A person can find a Roth IRA interest calculator in several places. Some of these places include Bank Rate, Scottrade Knowledge Center, Planning Tips, and Ameriprise Financial.

Where can one find a calculator to advise whether to refinance their loan or mortgage now?
There are many websites whereby one can find a calculator to advice whether to refinance their loan or mortgage now. These websites include "Zillow" and "Bank Rate".

What is a bank rate?
A bank rate is the rate at which a central bank charges interest when it lends money to another bank.

How do you use a loan calculator?
Loan calculators are based on the amount of the loan taking into considerations the interest rate offered by the bank and the time period to pay back the loan. There are many loan calculators available on financial institution websites, including one on bank rate dot com.

How can one calculate cash annuities?
The easiest way to calculate the value of a cash annuity would be to use an online annuity calculator. Some companies that feature this type of calculator on their website include Investopedia, Pine Grove, and Bank Rate.

Where can one find a debt consolidation loan calculator?
The financial website Bank Rate has in depth articles to help understand debt and debt consolidation as well as a debt consolidation loan calculator to help determine if debt consolidation is right for you.

Where can one locate the Bank of America mortgage calculator?
To locate the Bank of America mortage calculator, visit the official Bank of America website. At the home page, there is a tab called calculators. Selecting that tab will direct the user to the mortgage calculator.

What banks offer Jumbo Mortgage Loans?
Some banks that offer jumbo mortgage loans include Citizens Bank, Union Bank, and Bank of America. You can also visit the website Bankrate to locate a mortgage rate calculator to learn how much you can afford in your loan.

Where can one find an RBC mortgage calculator?
RBC mortgage calculators can be found by going to the Royal Bank webpage. Here one can use the calculator free of charge to input numbers and it will automatically calculate the mortgage rate based on the information that is provided.

Where can one find a whole life insurance calculator?
One can find a whole life insurance calculator online at various websites. Some of those websites are Bank Rate, Met Life, Aviva, Term-Life Insurance and Daily Finance.

Where can one find mortgage calculator loans online?
Many websites offer calculators to see what your yearly rate would be, should you choose to do business with their company. A few of these are: Bankrate, the mortgage division of Chase Bank, and The Bank of America.

What is OCR stands for in economics?
OCR can stand for a lot of things that can be used in economics. My best pick is official cash rate (OCR). This term is used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans to commercial banks.

Where could one find a reliable home insurance calculator?
One can find a reliable home insurance calculator at the following sources : TD Insurance, BCAA, Geico, Money Saving Expert, ESurance, Bank Rate, Chase, Met Life, Liberty Mutual.

When is an adjustable rate mortgage calculator useful to you?
An adjustable rate mortgage calculator would be of interest - and use - to you if you were the owner of an adjustable rate mortgage (a mortgage with a potentially fluxuating rate) or if you were considering the purchase of a home under the contract of an adjustable rate mortgage.

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