What are the interest rates on Lava?
Lava offers the lowest fixed interest rates in the industry for bitcoin-backed loans.
Your interest rate on Lava is determined by your total line of credit balance.
Interest rates range from 6.50% to 8.50%, as shown below. These rates are fixed for a full year after you open your line of credit.
Line of Credit Balance | Interest Rate |
|---|---|
< $250,000 | 8.50% |
$250,000 to < $500,000 | 8.00% |
$500,000 to < $1,000,000 | 7.50% |
$1,000,000 to < $2,000,000 | 7.00% |
$2,000,000+ | 6.50% |
Your interest is automatically added to your principal balance and compounded daily. Lava’s line of credit does not require regular payments, but you can make a payment towards your balance at any time.
A 2% capital charge assessed on your max annual outstanding balance is applied to your line of credit each year. Interest does not accrue on this capital charge during the year.
If you are interested in borrowing more than $25M, Lava can offer bespoke loan terms. To learn more, contact our Client Services team.
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