24 CFR 232.560 - Interest rate.

Regulations last checked for updates: Feb 10, 2026

Title 24 - Housing and Urban Development last revised: Jan 07, 2026

§ 232.560 - Interest rate.

(a) The loan shall bear interest at the rate agreed upon by the lender and the borrower.

(b) Interest shall be payable in monthly installments on the principal amount of the loan outstanding on the due date of each installment.

[39 FR 28966, Aug. 12, 1974, as amended at 53 FR 3366, Feb. 5, 1988; 53 FR 8885, Mar. 18, 1988]

authority: 12 U.S.C. 1715b,1715w,1735d,and; 42 U.S.C. 3535(d)

source: 36 FR 24618, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 232.560