The cost, adjusted by time, to a mortgage borrower.
Related information about interest cost:
- Interest Cost Definition | Investopedia
The cumulative sum of the amount of interest paid on a loan by a borrower. This amount should include any points paid to reduce the interest rate on a loan, ...
- Interest Cost - Financial Dictionary - The Free Dictionary
A comprehensive and time-adjusted measure of loan cost to the borrower. IC on a Mortgage: IC is what economists call an “internal rate or return.” It takes ...
- What is interest cost? definition and meaning
Definition of interest cost: Total interest incurred over the entire term of a loan or credit facility.
- Calculate Interest You Pay - Interest Cost Calculations
When you pay interest, you pay a fee for using somebody else's money. In addition to returning their money, you pay a little extra. Knowing how to calculate ...
- true interest cost (tic) - Municipal Securities Rulemaking Board
TRUE INTEREST COST (TIC) – Also known as “Canadian Interest Cost.” Under this method of computing the interest expense to the issuer of bonds, true ...
- U.S. Interest Cost Falls to Lowest Since 2005 as Debt Soars ...
Oct 4, 2012 ... The U.S. government's interest expense fell to the lowest in seven years as yields on Treasury debt dropped to records even as debt soared ...
- Interest Cost - LendingTree
Interest cost is how much interest will be paid over the life of a loan if it is kept for the entire period.
- HARP 2.0 refi can really cut interest cost for qualified borrower ...
Aug 10, 2012 ... Q: We bought a house in 2006 and put down 20 percent. We are current on our mortgage, but our interest rate is 5.75 percent. We are trying to ...