Home Mortgage Interest Rates

Home mortgage interest rates (KPR-kredit kepemilikan rumah)
is a facility provided by the system Conventional bank rate
set by the bank. Such as flat rates, effective, fixed and floating.

Understanding interest rates:

Flat rate:
the interest rate calculation system refers to the
principal amount of debt early. So the fixed installment amount each period
until fully paid.

Effective interest rate:
the interest paid is calculated based on the remaining principal debt.

Fixed:
The interest rate is fixed for a certain period or even during the
credits.

Floating:
The interest rate can change at any time depending on market conditions.

System can vary the interest rate with fixed or floating flat can also effectively fixed and floating. depending on the policy of each bank lenders and types of credit.