In a variable interest loan, the interest rate changes periodically. Loan Interest rate can be updated monthly, quarterly, semi-annually, or annually.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). variable interest rate. Retrieved September 26, 2026, from http://smartdefine.org/variable_interest_rate/definitions/1166172 |
| Chicago | Barry Goldsmith. 2010. "variable interest rate" http://smartdefine.org/variable_interest_rate/definitions/1166172 (accessed September 26, 2026). |
| Harvard | Barry Goldsmith 2010, variable interest rate, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/variable_interest_rate/definitions/1166172>. |
| MLA | Barry Goldsmith. "variable interest rate" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/variable_interest_rate/definitions/1166172> |