> For the complete documentation index, see [llms.txt](https://docs.folks.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.folks.finance/functionalities/loan/borrow.md).

# Borrow

## Borrow (Dashboard)

{% embed url="<https://youtu.be/jl7Y6Fj0HJk>" %}
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
{% endembed %}

1. On the Loans page, Available to Borrow table, click on Borrow. A modal will appear.
2. Choose the loan you want to borrow in.
3. Type in the amount you want to borrow.
4. Choose between stable or variable APY.
5. Click Borrow.
6. Sign with your wallet.

## Borrow (Loan Page)

{% embed url="<https://youtu.be/AwqzANfIlIY>" %}
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
{% endembed %}

1. In the Loans page, Your loan table, click on Manage.&#x20;
2. Once you are on the loan page, click on Borrow next to the token you want to borrow.
3. Type in the amount you want to borrow.
4. Choose between stable or variable APY.
5. Click Borrow.
6. Sign with your wallet.

## Repay

{% embed url="<https://youtu.be/yS0ozO1Ma7M>" %}
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
{% endembed %}

1. In the Loans page, Your loan table, click on Manage.&#x20;
2. Once you are on the loan page, click on Repay next to the token you want to repay.
3. Type in the amount you want to repay.
4. Click on Repay.
5. Sign with your wallet.

## Repay using another asset

{% embed url="<https://youtu.be/q3cDiZ-dn-E>" %}
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
{% endembed %}

1. In the Loans page, Your loan table, click on Manage.&#x20;
2. Once you are on the loan page, click on Repay next to the token you want to repay.
3. Click on Use another asset.
4. Select the asset to repay with.
5. Type in the amount.
6. Click on Repay.
7. Sign with your wallet.

## Repay using collateral

{% embed url="<https://youtu.be/XzrRQVTw3wY>" %}
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
{% endembed %}

{% hint style="info" %}
Please note.

During the [Redeem](broken://pages/b3qQui57buFhEOdEvIC0#redeem) period of ALGO Liquid Governance, repaying an ALGO loan with gALGO will be done by redeeming the gALGO instead of the swapping.
{% endhint %}

1. In the Loans page, Your loan table, click on Manage.&#x20;
2. Once you are on the loan page, click on Repay next to the token you want to repay.
3. Click on Use collateral.
4. Select the asset to repay with.
5. Type in the amount.
6. Click on Repay.
7. Sign with your wallet.


---

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