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French mortgage deal of the month has now been withdrawn
Wednesday, 12 December, 2018
French finance is no longer available
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.
To maximise the French mortgage and reduce cash invested in the purchase of the French property ensure the agent fee is included in the French purchase price