Can the variable interest rate change during the loan?
Yes. The current variable interest rate may change depending on the evolution of the reference index*:
➤⠀IRCC;
➤⠀ROBOR;
➤⠀EURIBOR;
➤⠀LIBOR.
* If you want to know more about these indices, please read the answer to the question "What is IRCC, ROBOR, EURIBOR or LIBOR?".😉
❗⠀Rememberthat: interest is made up of the bank's fixed margin plus one of the above specified indices.
It will be updated and amended by us on a quarterly basis and will vary according to the evolution of the benchmark index and the exchange rate for loans in foreign currency. 🤓
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