Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Fixed Interest Rate is Better
by Ketan on Nov 07, 2005 11:40 AM   Permalink

I think contarary to your opinion the fixed rate is better. When we were opting for our loan the difference between the two was of 0.25% only (Fixed was 7.75% while floating was 7.50%). We opted for fixed interest rate and are happy now as the floating rate is now up by 0.50% then our fixed rate.

So you decide.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
A floating rate loan is better