Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Interest Accrual Rate Interest Accrual Rate November 9, 2021 The rate at which interest accrues on a mortgage. Usually, it is also the rate used to calculate the monthly payments.You Might Also Like: Everyday MoneyUnderstanding and Maximizing Credit Card Rewards for Smart Financial Benefits Everyday MoneyProtecting Seniors from Financial Scams Everyday MoneyProtecting Students from Financial Scams Everyday MoneyKeep Kids Safe from Online Scams: Tips for Parents Everyday MoneySaving for the Holidays: Tips to Start Early
