# NFTs: Interest Plans

With JewelSwap, borrowing EGLD against your NFT has never been easier.\
Buying an NFT with a downpayment and paying back the rest later also became a possibility!

Simply choose from one of the three borrowing payment plans that best fits your needs and start unlocking the world of NFT Loans and NFT Mortgages.

* **1 day** - Interest rate: 0.5% (0.5% of the borrowed amount needs to be paid daily)
* **3 days** - Interest rate: 1% (1% of the borrowed amount needs to be paid every 3 days)
* **7 days** - Interest rate: 2% (2% of the borrowed amount needs to be paid every week)
* **16 days** - Interest rate: 4% (4% of the borrowed amount needs to be paid every 16 days)

Interest rates are chosen by the JewelSwap platform.