Monthly Archives: April 2019

Mortgage Rates – Real Estate Loan Rate

Check out the mortgage loan rates for the month of July 2018 that we can obtain from our banking partners.

Rates remain low for this sunny month and allow borrowers to finance their purchase at the lowest rate! After a fall in rates over the last 4 months, these seem to be stabilizing.

Our best property rates from July 2018

Our best property rates from July 2018

We suggest you consult the best current rates we can get:

term of the loan Best national fixed rate Trend Monthly *
7 years / 84 months 0.45% Stable = $ 120.95
10 years / 120 months 0.75% Stable = $ 86.52
15 years / 180 months 0.95% Stable = $ 59.63
20 years / 240 months 1.10% Stable = $ 46.44
25 years / 300 months 1.30% Stable = $ 39.06

* Monthly payment excluding insurance for € 10,000 borrowed capital

Evolution of mortgage rates 10, 15, 20 and 25 years

Evolution of mortgage rates 10, 15, 20 and 25 years

Track mortgage rates over 10, 15, 20 and 25 years from January 2015 to today with our interactive chart, select the date and time you want to see the best rate:

Real estate rate analysis of July 2018

Real estate rate analysis of July 2018

The month of July 2018 is not synonymous with vacancy for students from all over France. Indeed during this period of the year the banks tend to limit the number of files they receive due to the decline in activity.

For this, they usually increase borrowing rates. This is a trend we have seen for many years with the banking institutions we work with.

However, a decrease in volume does not mean a complete cessation of the flow! Use a mortgage broker to increase the chances of your credit report being finalized in the best conditions and to obtain the loan offer at the best rate.

Rates rise slightly for this month of July 2018 because of the desire of banks to limit the number of files.

Renegotiate to gain purchasing power

If you have not done so yet, do not forget that buying a mortgage on your home loan from your bank is still possible. You can get a mortgage with a lower rate . That’s why it is advisable to do an online simulation and compare offers online to enjoy historically low rates!

Do not neglect the borrower insurance!

Just as for the previous months, we should not neglect the loan insurance at the time of subscription. You can make big savings by negotiating compulsory insurance, perhaps even more than by lowering the bank’s interest rate on the loan.

Here again, we recommend using a loan insurance broker or a borrower insurance comparator. This will be able to redirect you to the insurance delegation that best fits your profile.

Real Estate Loan Redemption Simulation

You want to make a real estate mortgage redemption simulation and get a better loan credit rate ? Do a simulation and compare how much you could earn with a new loan or changing a bank.

How to use the credit redemption simulator?

credit

Whether you are a landlord, tenant, individual, professional, civil servant, executive or non-executive employee, it is possible for you to make a real estate mortgage buy-back. Fill in the form fields starting with the details of your current immo loan.

Then fill in the information on your new credit: loan rate and duration. The real estate buy-back simulation will tell you whether it is worthwhile, or not, to complete this transaction and the potential savings that can be realized.

The credit redemption calculator does not take into account home loan insurance, which can significantly reduce the cost of Taeg.

Why buy your mortgage?

Why buy your mortgage?

Realizing a real estate loan buyback is to redeem his home loan by a competing credit institution that will apply the current conditions of borrowing. Mr. Hyde is responsible for finding the banking organization that offers the most advantageous property rate according to your needs.

The lower mortgage rates are, the more attractive it is to buy back the loan. There is a significant gap in applied rates and an opportunity not to be missed thanks to this rate cut. Renegotiating your home loan with financial institutions at a more favorable fixed rate can reduce either the amount of your monthly payment or the duration of your credit.

Do not forget to take into account the guarantee and prepayment fees.

How to make a real estate mortgage redemption simulation online?

This request for repurchase of mortgage loan is calculated thanks to the amount of the possible savings to realize on the total cost of your mortgage. With our credit redemption simulation calculator, check if this transaction with current rates is profitable.

If the outstanding capital is more than 50 000 euros and the remaining term of your credit is more than 7 years , then you have every interest to go through a credit broker that will redirect you to another bank for your loan redemption .

Have you determined that changing banks could be beneficial for you? Use our credit comparator to be contacted by an expert who will accompany you in your loan renegotiation:

This operation is to be differentiated from a consolidation of consumer credit which consists of merging all your consumer loans into one and the same monthly payment.

Example of credit surrender calculation

Example of credit surrender calculation

To go further, let’s take an interesting case example for a credit redemption:

  • You have taken out a credit of € 250,000 over 20 years at a rate of 1.8%
  • 3 years later, you want to buy a loan because the rates are lower
  • You still have a remaining capital of € 217,071, including penalties and guarantees, the amount to be redeemed is € 221,641.
  • On a new loan offer of 17 years at a rate of 1.1%, the estimated amount you can earn is 9173 €

The loan renegotiation can therefore be very interesting if there have been significant rate variations since the time you made your loan. The repurchase of credit can allow you to reduce the cost of your monthly payments or the duration of your loan.