The standard repayment includes fixed payment amounts and up to ten years to repay; other plans include graduated payments, which start small and increase over the repayment period as your income increases. (lendedu.com)
Installment loans have fixed payment amounts while revolving lines of credit allow the borrower to determine the repayment rate. (growingfamilybenefits.com)
At times of high interest rates, your best option may be to refinance your current variable home loan, home mortgage, or ARM, with a fixed rate loan to add the security of fixed payment amounts. (firstratefunding.net)