hemali2003
2016-08-13 23:10:27
- #1
Hello everyone,
we have received an offer that sounds very attractive to us - what do you think about it?
60k equity (land)
30k equity (additional costs)
240k loan
860 € annuity
2.27 % effective
Full repayment = 34 years fixed interest period
We want to finish earlier, but this long fixed interest period takes away the big pressure to repay as much as possible in the next 10-20 years. Since we have two small children, the extra repayments will probably be low in the next 10 years. After that, certainly more.
Please no evaluation of the total term - I only want to know if the interest rate for this period sounds similarly attractive to you.
20 years should "cost" 1.9 %, 25 years 2.17 %.
Thanks!
we have received an offer that sounds very attractive to us - what do you think about it?
60k equity (land)
30k equity (additional costs)
240k loan
860 € annuity
2.27 % effective
Full repayment = 34 years fixed interest period
We want to finish earlier, but this long fixed interest period takes away the big pressure to repay as much as possible in the next 10-20 years. Since we have two small children, the extra repayments will probably be low in the next 10 years. After that, certainly more.
Please no evaluation of the total term - I only want to know if the interest rate for this period sounds similarly attractive to you.
20 years should "cost" 1.9 %, 25 years 2.17 %.
Thanks!