Hybridränta

Hybridränta, also known as mixed interest rate, is a type of mortgage or loan that combines features of both fixed-rate and variable-rate loans. In a hybrid ränta, the interest rate is fixed for an initial period, typically ranging from one to ten years. After this initial fixed period, the interest rate then becomes variable and adjusts periodically based on a benchmark interest rate, such as a central bank's policy rate or a market index.

The advantage of a hybrid ränta is that it offers a degree of certainty for a defined period, allowing borrowers to budget effectively. During the fixed-rate phase, the monthly payments remain constant, protecting against immediate interest rate increases. However, once the fixed period ends, the borrower is exposed to the fluctuations of the market. If interest rates rise, their monthly payments will increase, and if rates fall, their payments will decrease.

Borrowers often choose hybrid ränta when they anticipate that interest rates might rise in the future but want to secure a lower fixed rate for a while. It can be a middle ground for those who are hesitant to commit to a long-term fixed rate or a fully variable rate. The specific terms and conditions, including the length of the fixed period and the method of calculating the variable rate, vary significantly between lenders and loan products. It is important for borrowers to fully understand these terms before entering into such an agreement.