Real interest rates are dictated by the rate of inflation. Higher inflation rates erode consumers’ purchasing power and the amount of interest earned from investments such as deposits.
However, our opinions are our own. See how we rate investing products to write unbiased product reviews. The real interest rate accounts for the impact of inflation on the cost of loans and ...
When you know your credit score and the average car loan interest rate you might qualify for, you can use a car loan calculator to input the rate and estimate the monthly payment for various loan ...