58d57c37_TERMS___Whitehorse_Real_Estate__Definition
[Term] Interest Rate [Definition] 
The rate at which you pay interest to the lender. For example, when the mortgage balance is $100,000, and the interest rate is 6 per cent, one single annual payment will include $6,000 interest. More frequent payments will result in different amounts.
WHITEHORSE REAL ESTATE TERMS - Whitehorse Real Estate
Definition