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Choosing between a fixed interest rate and a variable interest rate will affect your monthly payments and the total cost of your loan over time.
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:max_bytes(150000):strip_icc()/GettyImages-1318684748-b0bddf1fcec74ad6a11fd9d374b6424b.jpg)
Choosing between a fixed interest rate and a variable interest rate will affect your monthly payments and the total cost of your loan over time.
Source