Updated September 28, 2026
What is Rate type?
In short
Rate type says whether the interest rate on a loan holds steady or moves with the market.
The rate type tells you whether the interest rate holds still or moves. A fixed rate stays the same for the agreed period, which makes monthly budgeting predictable, while a variable rate follows the market and can move either way. 1822direkt and ABA Bank charge a fixed rate, 5in5 and Aave a variable rate, and Aave GHO / Compound Treehouse a fixed rate.
Sources
- 5in5.nl, checked September 26, 2026
- docs.aave.com, checked September 26, 2026
- gho.xyz, checked September 26, 2026
- 1822direkt.de, checked September 26, 2026
- ababank.com, checked September 26, 2026