1. Three months interest, OR 2. The Interest Rate Differential, aka the IRD, which is the difference between the principal amount you owe at the time of the prepayment and the principal amount you would owe using a similar mortgage rate. The similar mortgage rate is the posted interest rate...
However, if you have a closed fixed rate mortgage, your prepayment charge will be the greater of three months' worth of interest or the Interest Rate Differential (IRD) amount. We advise you to speak with a Mortgage Specialist to understand any potential costs, as well as to go over your...
If you have a closed fixed rate mortgage or term portion, your charge will be the higher of two numbers: either three months of interest or something called theinterest rate differential(IRD) amount. The IRD amount is calculated based on the difference between the principal amount you owe at...
THE EFFECTS OF PIONEER FIRM PRICE STRATEGY ON MARKET CONCENTRATION AND FIRM PERFORMANCE (STRUCTURE, SHARE, PROFITABILITY, INNOVATION). Item Type Authors Publisher Rights Download date Link to Item text; Dissertation-Reproduction (electronic) REDMOND, WILLIAM HILES. The University of Arizona. Copyright ...