Assertion: interest rate | /r/HasProperty | the cost
Facets:
value: for the lender
type: TRANSITIVE-OBJECT
Source sentences:
text: The interest rate is the cost of borrowing the principal.
text: An interest rate is a fee, calculated as a percentage of the total loan amount, that you are charged for borrowing money.
text: For the lender, the interest rate is the "fee" earned for taking the risk to extend credit or to loan money to a borrower.
text: To be perfectly clear, if there are no other fees associated with a certain loan, the interest rate and APR will be the same.
text: If there are no other costs associated with borrowing the money, the interest rate is the same as the annual percentage rate (APR).
text: Interest rates are the cost of borrowing money.
text: The interest rate is the cost of borrowing the principal loan amount.
text: Put simply, the interest rate on a personal loan is the cost of borrowing money.
text: The interest rate is the cost you will pay each year to borrow the money, expressed as a percentage rate.
text: It's slightly different from the interest rate, which is the cost you'll pay each day based on your mortgage balance.
text: Simply put, the interest rate is the cost you will pay each day the borrowed money is owed, expressed as a percentage rate.
text: To simplify, an interest rate is the cost of borrowing money, typically expressed as an annual percentage of principal.