What is Fixed period?

A fixed period is the stretch of a mortgage when the interest rate is locked and cannot move. When it ends, the rate is reset, often to a variable rate that follows the market, so your monthly payment can change. A long fixed period gives certainty but can leave you paying more if rates fall. 1822direkt fixes for 10, matching ABN AMRO Zakelijk at 10. Absa Seychelles runs a much shorter window at 1.