the rate of the index + the margin. (This is the rate that your loan will be adjusted to, and it changes to reflect current economic conditions throughout the life of the loan.)

The index plus the margin, rounded to the next highest eighth.

Sum of index plus margin on adjustable rate mortgage.

An interest rate on an adjustable rate mortgage (ARM) which equals the index (i.e. COFI, MTA, LIBOR, Treasury) plus the margin.

The rate of an adjustable rate mortgage is calculated by adding the nominal interest rate to the margin. Rate + Margin = Fully Indexed Rate. See also Adjustable Rate Mortgage.

The fully indexed rate is equal to the rate index plus the loan's margin and is used with adjustable-rate mortgages. Example: If LIBOR is 6.50% and the margin on the loan is 4.00%, the fully indexed rate is 10.50%.

Index rate plus the lender's margin, which is used to establish the interest rate on a loan.

The maximum interest rate on an ARM that can be reached at the first adjustment.

An ARM rate found by adding the index and margin.

This rate is the interest rate that is used to calculate monthly payments in the absence of constraints imposed by the Initial rate or caps. Fully indexed rate in conjunction with adjustable rate mortgages, the interest rate indicated by the sum of the current value of the index and margin applied to the loan.