Fixed rate Mortgage
Our fixed rate mortgage is the classic financial solution for the following:
- Purchase of a main or second home
- Property to let
- New or existing property including new building and renovation works on either your main or your second home
It may appeal to those seeking security and simplicity as the interest rate is fixed for the duration of the mortgage.
Fact Sheet
- Minimum amount
- 50 000€
- Maximum amount
- No Maximum
- Duration
- 7 to 25 years
- Loan-to-value
- Up to 85%
- Interest Only available
- No
Advantages
- Maximum security
- You can borrow up to 85% of the property value
- Easy to understand
In the event of a mortgage request for the purchase of a second home on the 30/11/2011 for 250 000 Euros for a term of 20 years. Fixed rate, Total cost of the loan : 158 676.80 Euros, overall effective rate at 5.38% per year (life insurance included, without notary costs). Gives monthly repayments for 240 months of 1 702,82 Euros