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French mortgage deal of the month

Wednesday, 12 December, 2018
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French Mortgage Deal of the Month


                                         EUROS
 
Repayment Mortgage of  497.000
Fixed interest rate               2.10%     
Mortage payment pm       2537.85 
French life assurance          38.20
APRC                                    2.40%


            


Background

 

The file fell outside the typical lending criteria of main stream French lenders.  The above mortgage was agreed at a cheaper fixed rate than that on offer by one of the main stream French lenders

Loan to Value 70% of the purchase price
The purchase price of the French property 730.000E
The APRC ( annual percentage interest rate ) has been  calculated over the 20 year mortgage  term and  takes into account the interest paid and associated fees of charles Hamer 4970E, the French bank 1000 E and the French notaire.

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