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fraa-orolo
1501 days ago
The rate is based on Euribor [1], fixed for 6 months in my case (and commonly most everyone) but anything between 3 to 24 months was possible.
[1]
https://en.wikipedia.org/wiki/Euribor
2 comments
nemo44x
1501 days ago
I wish you well but the way things look, you’re completely fucked. Your interest rates have been so unsustainably low for so long. And now things are going up fast and will likely continue to due to rapid inflation.
Good luck!
link
lupire
1501 days ago
Wow. What's going to happen your payment when rates go back above 0 to stop rampant inflation?
link
Good luck!