Rates on commercial real estate loans
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The add-on rate is the actual dollars per hundred per year of finance charge calculated on the amount financed. The age of the vehicle determines the add-on rate to use. This chart converts the add-on rates to equivalent annualized percentage rates for contracts with substantially equal monthly payments.
As an alternative to the add-on rates, Section Caution: Do not confuse add-on rates with APRs. You cannot quote add-on rates to consumers. The visit web page vehicles fall into Classes 1 and Below are the years rates on commercial real estate loans be used for each class in a given year.