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Mortgage Question

Mortgage Question

Old May 26th 2011, 6:41 pm
  #1  
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Default Mortgage Question

Any body got an idea or been offered a good mortgage deal recently, I have been in touch with a broker and the best deal he offers is:-

For 150k E

25yrs interest only first 5 years
Monthly Euribor (0.9%) plus 2.6% interest only or Monthly Euribor plus 2.3% capital and interest

Redemption 0.5% first 5 yr and then 0.25%

No compulsory life insurance

Seems dear to me!

Any advice, contacts or banks to try direct?

Thanks
Al
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Old May 26th 2011, 6:44 pm
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Default Re: Mortgage Question

That looks good to me.

At the moment you will be lucky to get a mortgage at all!
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Old May 27th 2011, 7:10 am
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Default Re: Mortgage Question

Thank you Fred for your input, it makes me feel better if someone thinks it is a good deal!

As far as getting a mortgage we are in a good position, therefore we want to exploit this position and fund a villa purchase at hopefully a bargain price.

any one else any info/current deals out there ?

Regards
Al
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