What is fully indexed rate?
The ARM’s index plus the lender’s margin: a 4.10% index plus a 2.40% margin produces a 6.50% fully indexed rate.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.