Rilian Ball

First Capital Group

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Understanding the Basic Interest Rates Difference Between Fixed and Variable

May 3, 2018 by Rilian Ball

Home loans are available in an assortment of lending packages, but the big difference that consumers need to pay attention to at a minimum is how the interest charge is calculated. Interest is the margin that represents the profit and risk offset for a lender financing a consumer's home purchase. With loans lasting over 30 to 40 years now, the amount of money that can be made can be two or three times the purchase value of the home involved. So it's calculation method is important for the … [Read more...]

Filed Under: Mortgage Tagged With: Fixed, Interest Rates, Mortgage

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Rilian Ball


Branch Manager
First Capital Group
NMLS# 202687

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Rilian Ball
NMLS # 202687

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