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French Mortgage Deal of the Week
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
