Tabular Interest Rate


Definition of "Tabular interest rate"

Dave Freudenberg
  Rinker Realty

Same as term Tabular Plans: retrospective rating system with basic, minimum, and maximum premium rates listed in manual tables. Calculation of an individual premium involves adjusting the basic premium for appropriate discounts, losses, and a tax multiplier. The rate is then set between the minimum and the maximum, based on the loss experience, the size of the risk, and the underwriter's judgment.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Annuity Rent

Periodic payments to an annuitant. ...

Surrender Charge

Fee charged to a policyowner when a life insurance policy or annuity is surrendered for its cash val ...

Occupancy Level

The number of units currently occupied in a facility, neighborhood, or city, stated as a percentage ...

Depreciable Real Estate (tax)

Under current tax law, real estate is depreciated under either the straight-line method or modified ...

Facility Plan

Same as term Automobile Assigned Risk Insurance Plan: coverage in which individuals who cannot obtai ...

Tax Deed

Document evidencing the passage of title to a purchaser of property sold for taxes. The tax deed is ...

Related Real Estate FAQ

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Is A Lease Purchase Mortgage?

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

What Is A Mortgagee?

A morgagee is the lender. ...

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

How Big Is An Acre?

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

What Are Closing Costs?

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Why Use a Real Estate Agent? 5 signs of house foundation problems 10 Tips for Homebuyers Top Five Reasons Your Home Offer was Rejected What Must I Disclose When Selling My Home?

FAQ

What is a subprime mortgage? What is a maintenance fee? How can I figure out my debt-to-income ratio? How much money can I borrow to buy a home? What is a mortgagee?