Term loans: Any fixed rate loan expires at some point – we advise you early so you know what to do next. Forward loan Ranulae Today you conclude a follow-up contract for your mortgage lending, but only claim the loan at a later date. Irrespective of the interest rate development of borrowing costs. The advantageous borrowing costs can be guaranteed up to five years in advance. When do I need a forward loan? A term loan is required when the fixed interest period of your mortgage loan comes to an end, but you have not yet fully repaid your loan….