Fixed and Floating Interest

Fixed and Floating Interest : Hello, thanks for your visiting into this my blog. i hope i can give more functions from here. before this article we have write about an effective interest rate and a flat. today we want to talk little as an introduction with effective interest rate and a flat.

the diffeent between fixed interest with Floating interest is in payment period of loans untill full paymet. If you get a fixed interet in three (3) years its mean that you need to pay the cost in every month at least in three years future. how long you must pay the loans its accordings into the agreement of credit that written on the paper.

Floating have means bank interest can not be determined in how many time its must be pay untill full payment. because this float interest keep abreast of market.

There are many habit of mentioning in the instrument of credit loans, aan example : effective fixed, an effective floating, flat floating, flat fixed and others.

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