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Fixed interest - A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments.

Real interest rate - The real interest rate is the nominal interest rate minus the inflation rate. It is a better measure of the return that a lender receives (or the cost to the borrower) because it takes into account the fact that the value of money changes due ...

Adjustable rate mortgage - An adjustable rate mortgage or variable rate mortgage is a loan secured on a property (house) whose interest rate and therefore monthly repayment vary over time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment mortgage.

Soft loan - A soft loan is a loan with a below-market rate of interest. This is also known as soft financing.

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