A variable-rate loan is a loan with a variable interest rate which is adjusted to match market conditions.
LIBOR-based loans and LIBOR-based mortgages are examples of variable-rate loans. The interest rates of LIBOR-based loans are adjusted every 3, 6 or 12 months based on LIBOR rates.
More on this topic:
LIBOR mortgages in Switzerland explained
moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 70 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs.
Advertisement
moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom.
