A factor rate is a method of calculating business borrowing costs. Calculate your repayment cost by multiplying the factor ...

How will a change in interest rates affect my mortgage? Different interest rates and mortgage terms can change your monthly mortgage repayments and the amount you pay in interest. Use our mortgage ...

Principal is the amount you borrowed, and interest is the amount you pay to the lender as a charge for borrowing. To calculate interest, multiply the principal amount by the interest rate, then ...