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Independent Financial Adviser est. 1988
French and Spanish Mortgage Brokers
French Tax Planning Specialists

French Mortgage Deal of the Week

Friday, 22 November, 2019
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FRENCH  MORTGAGE DEAL OF THE WEEK

 

 

            EUROS

Mortgage amount

200 000

Interest rate FIXED

0.9%

Mortgage payment pm

1188.21

Life assurance (@ normal terms) pm

 

56.00

Term in years

15

APRC

1.80%

   

       

Background

 

  • The purchase price of the French property 286 000 Euros 
  • The  mortgage represents a loan to value of 70% of the purchase price 
  • The bank requires no side investment

 

APRC (annual percentage rate of charge)

 

This calculation is based on estimated costs being calculated over the whole mortgage term .  The table below summarises these  :

 

                                                                      

Associated COSTS

EUROS

The bank arrangement fee

     1 000

Our broker fee 

    2 348

Mortgage registration fee( estimated )

    2 300

The cost of credit over 20 years 

     27 075*

*The above includes the Interest over the mortgage term and the cost of life assurance over the mortgage term

 

 

Please contact us if you would like to discuss your mortgage requirements - mortgages@charleshamer.co.uk .  Tel 01844 261886 

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