Fixed-Rate vs. Variable-Rate Personal Loan Comparison
Compare a fixed-rate loan with a variable-rate loan based on its initial terms. Understand the potential differences in payments and total costs.
Common Loan Details
Fixed-Rate Loan Option
Variable-Rate Loan Option
Loan Comparison Results
Comparing options for a Loan Amount of $0.00
over 0 years.
Feature | Fixed-Rate Loan | Variable-Rate Loan |
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Important Note for Variable-Rate Loan: The Monthly Payment, Total Interest Paid, and Total Repayment shown are estimates based on the initial variable interest rate remaining constant for the entire loan term. In reality, variable interest rates can increase or decrease, which will change your actual monthly payments and the total interest you pay.