A limit on the amount of interest that can be levied on a variable rate loan.

对可变利率贷款能够征收的利息额的限度。

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CBA’s standard variable home loan interest rate will be increased by 45 basis points, or 0.45 percentage point, to 7.81 percent on Nov. 5, the Sydney-based bank said today.

今天一家悉尼银行说，澳联邦的标准多元房贷利率将上调45个基点，或0.45%，在11月5号达到7.81%。

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The banking system now offers many styles of loans of which the 30 year fixed rate loan was the most common now replaced by a 30 year variable loan.

银行系统现在提供许多形式的贷款，以往最常见的30年固定利率贷款现在为浮动利率所替代。

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Unlike with a variable-rate, Western-style loan, the borrower knows from the start how much the total payments will be (though of course fixed-interest loans are hardly unknown in the West).

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And the way the program works now, before these changes go into effect, is that the loan program has a variable rate with a cap of 8.25 percent.

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The basis of any mortgage, whether you opt for a fixed, variable or tracker rate, is how you intend to repay the loan.

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