General

SOFR (Secured Overnight Financing Rate)

The benchmark interest rate replacing LIBOR for many loans. SOFR is based on overnight Treasury repo transactions and is used as an index for adjustable-rate mortgages and other products.

Related Terms

Index Rate
Adjustable-Rate Mortgage (ARM)

Related Calculators

Mortgage Calculator

Understanding SOFR (Secured Overnight Financing Rate)

SOFR (Secured Overnight Financing Rate) is a key concept in general. Understanding this term helps you make more informed financial decisions. Use our related calculators above to see how sofr (secured overnight financing rate) affects your specific situation.