A J
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Flight distance : 14044577 ft
United Kingdom
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Montfrooij Posted at 10-15 00:58
We did that when we moved to our new house.,
Not the lowest possible, but for us it works 2 ways, since we have a 'savings' mortgage that in essence is a savings account too where you get the same interest as you pay on your loan and you use that after the mortgage is ended to pay it off.
That one now starts to add up because we get 2.75% interest (equals about € 80,- per month and growing by the month because we also make a mandatory monthly deposit as well )
I remember that product - you chose very well mate. Variable rates are going to see quite a number lose their homes. It amazes me how mortgage planning is not in the education syllabus as it is so critical to so many in the real world. I've had Doctors sat in front of me being declined as they didn't have a clue about finance. |
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