Will the interest rate on the refinanced mortgage loan be fixed or variable?

The choice is yours 😊

In a contract of mortgage loan, you can choose between a fixed interest rate for a certain period, then variable (only in the case of mortgage loans granted in lei), or variable for the entire contract period.

• Variable Interest: The interest is set according to the reference indices IRCC/EURIBOR, to which a fixed margin is added. In this case, throughout the entire credit contract duration, the credit installments will fluctuate according to the evolution evolution of reference indices mention, the update being done quarterly;

• Introductory fixed rate, subsequently variable (only in the case of real estate loans granted in LEI): The interest rate is unchanged for a certain period of time then, at the expiry of this period of time, the interest rate becomes variable, being set according to the IRCC reference index, to which the bank's fixed margin is added.

Your BT consultant can explain to you the differences between options and can help you make the best decision.