FLOATING INTEREST RATES — A BITTER END
🇻🇳 Vietnam – October 2026
BUYING A HOME
- Common promotional rates: 8.5–11% per year
- After the promotional period: 13–15% per year
- In some cases: 15–16% per year
- Some borrowers have seen their rates rise to 13.6% per year after the promotional period ended.
BUYING A CAR
- Many loans were once at 8–9% per year
- After adjustments: 16–19% per year
- In some cases: 19.8% per year.
8–9% → 16–19%
This is what’s truly frightening about floating interest rates.
The house price hasn’t changed.
The car hasn’t changed.
But the cost of the debt can change.
And when interest rates rise faster than incomes:
**Assets are no longer the burden.
THE DEBT is the burden.** 💸
$BTC $BNB
🇻🇳 Vietnam – October 2026
BUYING A HOME
- Common promotional rates: 8.5–11% per year
- After the promotional period: 13–15% per year
- In some cases: 15–16% per year
- Some borrowers have seen their rates rise to 13.6% per year after the promotional period ended.
BUYING A CAR
- Many loans were once at 8–9% per year
- After adjustments: 16–19% per year
- In some cases: 19.8% per year.
8–9% → 16–19%
This is what’s truly frightening about floating interest rates.
The house price hasn’t changed.
The car hasn’t changed.
But the cost of the debt can change.
And when interest rates rise faster than incomes:
**Assets are no longer the burden.
THE DEBT is the burden.** 💸
$BTC $BNB
