{"id":1576,"date":"2021-04-10T21:20:49","date_gmt":"2021-04-10T21:20:49","guid":{"rendered":"https:\/\/valoracasa.es\/?p=1576"},"modified":"2026-11-04T16:52:31","modified_gmt":"2026-11-04T16:52:31","slug":"fixed-or-variable-rate-mortgage","status":"publish","type":"post","link":"https:\/\/valoracasa.es\/en\/hipoteca-fija-o-hipoteca-variable\/","title":{"rendered":"Is a fixed or variable rate mortgage better?"},"content":{"rendered":"

Keys to choosing between a fixed and a variable-rate mortgage<\/h2>\n

People taking out a mortgage for the first time have lots of questions. Before choosing between a fixed and a variable rate, we recommend reading this.<\/p>\n

One of the most common is: fixed or variable?<\/p>\n

Given the choice, most people would pick a fixed rate, even though they don't really know the differences between the two. Unfortunately there's no straightforward answer, as it depends on the client's profile.<\/p>\n

Differences between Fixed and Variable-Rate Mortgages<\/h2>\n
    \n
  1. A fixed-rate mortgage is usually more expensive than a variable one, but your repayment always stays the same<\/li>\n
  2. A variable-rate mortgage is cheaper, although if Euribor rises your mortgage will rise too<\/li>\n<\/ol>\n

    What matters most when taking out a mortgage isn't so much whether it's fixed or variable.<\/p>\n