Mortgage Examples

(Excluding life insurance)

Variable

300,000 Euros for a 60% loan at a variable rate of 4.45% would cost approximately 1,659 Euros per month over 25 years.

300,000 Euros for an 85% loan at a variable rate of 4.65% would cost approx 1,693 Euros per month over 25 years.

 

Fixed Rate

300,000 Euros for an 80% fixed rate loan rate of 4.95% would cost approx 1,745 Euros per month over 20 years.

Interest Only

300,000 Euros for a 60% variable rate loan reviewed annually at a rate of 4.85% would cost approx 1,212 Euros per month over 20 years.

25 years interest only with investment plan

Purchase Price 300,000 Euros

Plan Investment 60,000 Euros

Variable interest rate of 4.85%

Cost 309 Euros per month investment plan + 1,212 interest to lend. Approx total cost 1,434 Euros per month.

 

* Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Where a loan is arranged in a foreign currency the sterling equivalent of your liability may be increased or decreased *
Copyright © 2002-2008 Internet French Property All rights reserved IFP French Property Network