# What are the interest rates for borrowing against bitcoin?

Category: Borrow
Source: https://strike.me/int/en/support/what-are-the-interest-rates-for-borrowing-against-bitcoin/

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The Annual Percentage Rate (APR) is the total cost of borrowing, expressed as a percentage of your principal. There are no origination, early repayment, late payment, or liquidation fees.

## The interest rates for term loans

The APR for a term loan depends on a few factors:



- **Interest payment plan type:** Payment at maturity loans carry higher rates than monthly payment loans, because interest payments are deferred.
- **Loan size:** Larger loans qualify for lower rates.





| Loan amount | Interest-Only Monthly Payment | Payment at Maturity |
| --- | --- | --- |
| < 250.000 USDT | 13% APR | 14% APR |
| 250.000 – 750.000 USDT | 12% APR | 13% APR |
| 750.000 – 2.000.000 USDT | 11% APR | 12% APR |
| 2.000.000 – 5.000.000 USDT | 10,75% APR | 11,75% APR |
| 5.000.000 USDT – 10.000.000 USDT | 10,5% APR | 11,5% APR |
| ≥ 10.000.000 USDT | Custom | Custom |


If you plan to borrow 250.000 USDT or more, [contact our Private team](/private) for white-glove service.

Once opened, the loan’s APR remains fixed until you [refinance](/support/can-i-refinance-my-loan), [consolidate](/support/can-i-consolidate-loans), or [close](/support/how-do-i-close-a-loan-or-line-of-credit) it.

### How interest is calculated for term loans

Interest is calculated by multiplying your outstanding principal by the Daily Periodic Rate, which is the APR divided by 365 (or 366 in a leap year). With a monthly payment loan, the principal remains constant unless you make early repayments. With a payment-at-maturity loan, interest for the entire term is pre-calculated.

Terms are presented when you open the loan. For illustrative purposes (assuming no liquidations or early repayments):




- **Interest-only monthly payments:** A 10.000 USDT loan at a fixed 13% APR over 12 months would cost roughly 108,33 USDT/mo in interest, with the 10.000 USDT principal due at maturity for a total of 11.300 USDT.
- **Full payment at maturity:** A 10.000 USDT loan at a fixed 14% APR over 12 months would result in approximately 1.400 USDT in total interest, with principal and interest due at the end of the term for a total of 11.400 USDT.

From Strike's help center — https://strike.me/int/en/support/