Is fixed or varia

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Thus, fixed costs are incurred paid for, all additional sales costs, and so can stay.

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Fixed Rate vs. Variable Rate Mortgages Canada - What No One Tells You
Fixed rate: the interest rate remains unchanged for the entire duration of the loan, so the borrower always knows exactly how much they have to pay. Interest on. A monthly payment on a loan with a fixed interest rate will remain the same, while a monthly payment on a loan with a variable interest rate will fluctuate. Interest on variable interest rate loans move with market rates; interest on fixed rate loans will remain the same for that loan's entire term.

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Mortgage pre approval vs pre qualified

That's because as the number of sales increases, so too does the variable costs it incurs. Others may prefer knowing their fixed interest rate will result in a consistent amortization schedule of payments. Variable costs change based on the amount of output produced. You may want to do some research to make a prediction on where you think interest rates will go over the next 15 years � a common repayment time if you include your time in school.