Looking for a home purchase loan
Every year about 300,000 people in Italy are looking for an apartment to buy. If you are also in this category you are probably struggling with the many problems related to finding a mortgage. http://creekwaterwoolworks.com for further explanation
How to analyze the numerous offers on the market, which offers the most suitable guarantees to my needs, which is the most convenient mortgage and which one does not have some nasty surprise hidden in the contract? To resolve all these doubts, Auxilia Finance comes to your aid and is on your side until the most suitable loan is chosen.
Buying a home indeed requires a considerable availability of cash that not everyone has. Failing this, you can therefore resort to a bank that will give you the money necessary to purchase the property, a mortgage loan that is generally 80% of the value of the property (but can reach 100%). The value of the house, on which the amount of the loan depends, will be confirmed by a trusted expert of the bank that provides the loan in favor of the buyer (borrower).
How much does a mortgage cost?
When asking for a home purchase loan, the first thing to look at carefully, and evaluate well, is the interest rate that the bank requires to grant the necessary cash. In fact, whoever grants a loan, in addition to guaranteeing the return of the capital within a certain time, asks in exchange for an interest calculated as a percentage of the sum lent.
Depending on the type of interest rate chosen, the loan installments vary. The main types of rates applied to real estate mortgages are the fixed rate (with more or less constant installments for the entire duration of the loan), or the variable rate (the interest to be paid may increase or decrease based on the trend of a rate of reference calculated at European level, which in turn raises or lowers the mortgage payments).