Spiderman1982
2023-02-21 17:06:59
- #1
So you’re planning with unlaid eggs. Who knows at what price the house will be sold in 1-2 years, if at all. I would finance your property in the usual way and negotiate a 10% special repayment. Then the debt can be paid off very quickly in case of doubt.
The usual way would mean 10 or 15 years and then almost 4% interest every year, that’s too much for me. I won’t do more than 5 years fixed interest, I prefer 3 years. I can still do the special repayment though. :)