Table of Interest Rate Equivalents
Table of Interest Rate Equivalents
ANNUAL INTEREST RATES CALCULATED MONTHLY NOT IN ADVANCE, CONVERTED TO EQUIVALENT INTEREST RATE CALCULATED HALF YEARLY NOT IN ADVANCE
The interest rate payable under the mortgage is calculated monthly not in advance. The following table is provided for the Mortgagor's information since the applicable interest rate will likely change from time to time. The interest rates set out in Column B are effective annual interest rates calculated half yearly not in advance which are equivalent to the corresponding annual interest rates calculated monthly not in advance, set out in Column A.
Column A Annual Interest Rates
Calculated Monthly Not in Advance
1.00% 1.25% 1.50% 1.75% 2.00% 2.25% 2.50% 2.75% 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 8.00% 8.25% 8.50% 8.75% 9.00% 9.25% 9.50% 9.75% 10.00% 10.25% 10.50% 10.75% 11.00% 11.25% 11.50% 11.75% 12.00% 12.25% 12.50% 12.75% 13.00% 13.25%
Column B Equivalent Annual Interest Rates
Calculated Half Yearly Not in Advance
1.002% 1.253% 1.505% 1.756% 2.008% 2.261% 2.513% 2.766% 3.019% 3.272% 3.526% 3.779% 4.033% 4.288% 4.542% 4.797% 5.052% 5.308% 5.563% 5.819% 6.076% 6.332% 6.589% 6.846% 7.103% 7.360% 7.618% 7.876% 8.135% 8.393% 8.652% 8.911% 9.170% 9.430% 9.690% 9.950% 10.211% 10.471% 10.732% 10.994% 11.255% 11.517% 11.779% 12.041% 12.304% 12.567% 12.830% 13.094% 13.357% 13.621%
Column A Annual Interest Rates
Calculated Monthly Not in Advance
13.50% 13.75% 14.00% 14.25% 14.50% 14.75% 15.00% 15.25% 15.50% 15.75% 16.00% 16.25% 16.50% 16.75% 17.00% 17.25% 17.50% 17.75% 18.00% 18.25% 18.50% 18.75% 19.00% 19.25% 19.50% 19.75% 20.00% 20.25% 20.50% 20.75% 21.00% 21.25% 21.50% 21.75% 22.00% 22.25% 22.50% 22.75% 23.00% 23.25% 23.50% 23.75% 24.00% 24.25% 24.50% 24.75% 25.00%
Column B Equivalent Annual Interest Rates
Calculated Half Yearly Not in Advance
13.885% 14.150% 14.415% 14.680% 14.945% 15.211% 15.477% 15.743% 16.009% 16.276% 16.543% 16.810% 17.078% 17.345% 17.614% 17.882% 18.151% 18.419% 18.689% 18.958% 19.228% 19.498% 19.768% 20.039% 20.310% 20.581% 20.852% 21.124% 21.396% 21.668% 21.940% 22.213% 22.486% 22.760% 23.033% 23.307% 23.581% 23.856% 24.131% 24.406% 24.681% 24.957% 25.232% 25.509% 25.785% 26.062% 26.339%
Form 3676 (Rev. 10/19)
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