Table 1.

Information on a basic case study

Starting date07/07/2000
Loan principal€150,000.00
Term300 months
Fixed interest rate (first year)6.000%
Variable interest rateMLRI over three years
Period of interest revision12 months
Starting date for applying fixed interest07/07/2000
Starting date for applying the first variable interest07/07/2001
Starting date for applying the second variable interest07/07/2002
Days prior to rate specificationMLRI two months earlier
Differential0.250% (rounded up)
Source: Own elaboration

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