An interest rate that changes according to the underlying or benchmark interest rate index, such as Treasuries or the prime rate.
Related information about variable interest rate:
- Variable Interest Rate Definition | Investopedia
An interest rate on a loan or security that fluctuates over time, because it is based on an underlying benchmark interest rate or index that changes periodically.
- What is a Variable Interest Rate
A variable interest rate is one that changes based on another interest rate. It's important to know whether you have a variable rate because it affects your ...
- Variable Interest Rate
May 25, 2011 ... What is a variable interest rate? In this quick guide I explain the variable interest rate and how it applies to your personal finances.
- Adjustable-rate mortgage - Wikipedia, the free encyclopedia
... concluded that 50–60% of all Adjustable Rate Mortgages in the United States contain an error regarding the variable interest rate charged to the homeowner.
- Variable Interest Rate: Definition from Answers.com
interest rate on a loan that rises and falls based on the movement of an underlying index of interest rates.
- Variable interest rate - Credit Card Terms and Glossary
Variable interest rate definition: With variable-rate cards your APR (annual percentage rate) can change. Usually the rate is tied ...
- What is variable interest rate? definition and meaning
Definition of variable interest rate: Interest rate that fluctuates over the term of a loan on the basis of changes in an index that reflects changes in the market rates ...
- How Do I Calculate Interest on a Variable-Rate Home Equity Loan ...
There are exceptions, though, when you can choose a variable interest rate alternative. Variable interest rates are a combination consisting of an unchanging ...