1 Basic Bank Account Number (BBAN) - up to 30 alphanumeric characters that are country-specific.
The Consumer Financial Protection Bureau estimated the typical interest rate for a manufactured home loan in 2012 at 6.79 percent. By contrast, the average 30-year fixed rate on a conventional mortgage that year was 3.6 to 4.2 percent, according to HSH.com, a publisher of loan information.
The nominal interest is 12% per year, so the nominal. interest rate per 6 mo is 6%. The effective interest rate. per 6 mo. is also 6% since the compounding period. equals to the interest rate period (6 mo.). Chapter 4 Nominal and Effective Interest. Rates 20.