This society will knock 2.55 per cent off its variable rate for six months.
The variable rate, which all lenders charge, goes up and down.
The variable most likely to be influenced by changes in interest rates is investment.
At 2.5pc, assuming there's no change in the variable rate over that time, you'd have £500 less - £51,250.
And about 95 percent of all home equity loans are believed to have variable rates.
Employers may set variable rates or costs for their employees.
The Government would then match workers' contributions at a variable rate based on income.
They can change from a fixed to a variable rate at no cost.
Households pay a variable rate depending on the amount of service they use.
Duties were paid at a variable rate depending on size.
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