Arizona real estate listings, Homes, land and properties for sale in Phoenix, Glendale, Peoria, Surprise, Goodyear, and West Valley real estate, Cynthia Robertson

Cynthia Robertson

The Robertson Team
Century 21 Northwest

Office: 623.266.3560
Cell: 602.448.9281

Serving the Greater Metro Phoenix area.

Arizona real estate listings, Homes, land and properties for sale in Phoenix, Glendale, Peoria, Surprise, Goodyear, and West Valley real estate, Cynthia Robertson

Standard Variable rate

Type of interest rate	Standard Variable rate
How it works	Your payments go up or down when the lender's mortgage rate changes. (Mortgage rates tend to move in line with the Bank of England base rate but there is sometimes a delay).
Early repayment charge?	Not usually except when offered with a large cashback deal
Is it for you?	Yes, if you can afford to pay more when interest rates go up and like the flexibility to be able to make overpayments without penalty (assuming there are no restrictions on making such payments and no early repayment charges apply). No, if you would be unable to afford the increased payments.

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Standard Variable rate - Cynthiarobertsonhomes.com