BRAND NAME(S): Cardura. USES: Doxazosin is used alone or with other drugs to treat high blood pressure (hypertension). Lowering high blood pressure helps prevent strokes, heart attacks, and kidney problems.
DEFINITION of 'ARM Index'. The benchmark interest rate to which an adjustable rate mortgage is tied. An adjustable rate mortgage's interest rate consists of an index value plus a margin. The index underlying the adjustable rate mortgage is variable, while the margin is constant. There are several popular indexes used for different types of adjustable rate mortgages. This is also referred to as the fully indexed interest rate.
DEFINITION OF TRUTH-IN-LENDING TERMS. ANNUAL PERCENTAGE RATE. This is not the Note rate for which the borrower applied. The Annual Percentage Rate (APR) is the cost of the loan in. percentage terms taking into account various loan charges of which interest is only one such charge. Other charges. which are used in calculation of the Annual Percentage Rate are Private Mortgage Insurance or FHA Mortgage.