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viernes, 30 julio 2010
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Fixed Interest Mortgage Print E-mail
Written by Arturo   
sábado, 05 mayo 2007
This is a Mortgage loan for which a fixed interest rate is established for the entire term of the loan and the repayment installments remain unchanged throughout the term.

The amount that can be obtained is as high as 80% of the assessed value of the asset. This mortgage is available for terms of up to 12 years.

The Main Advantages are:

The amount of the mortgage payment remains unchanged throughout the term of the loan, so that you always know exactly how much you have to pay. With this type of Mortgage, the uncertainties of a mortgage with floating interest rates are avoided. This way you can plan your finances with no risk of error.

The Fixed Interest Mortgage is designed for:

Anyone who is planning to buy a house or apartment or anyone who already owns one and needs financing and wants to guarantee the loan against their house or apartment.

This type of loan is also for people who want no uncertainty and would like to know in advance how much they are going to have to pay throughout the entire life of the loan.

Arrangement fee of 1.5% (minimum EUR 300.51)

 
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