Those who are taking out a home loan are doing well. In many ways, but the most compelling reason is that mortgage rates have fallen in several financial institutions in January 2019.
The options are there, the decision is yours to choose from the banks offer the one home loan that suits you in every way! And here’s the magic word! You have to find eg. $ 10 million over 20 years, e.g. It is the most optimal for 5-year fixed rate loans, because in this case the difference between the monthly offers is HUF 13 thousand and the repayment can be HUF 4 million.
You need good credit brokerage advice
So that after comparing thousands of products from over 30 credit institutions, you can safely choose the credit product that fits your situation exactly!
The year 2019 has begun and we can see that many banks have reduced their interest rates, particularly on longer-term products for qualified consumer loans.
- The CIB 5pcs qualified consumer-friendly home loan reduced its transaction interest rate by 0.30% on average, saving over HUF 200,000, while
- Interest rates on Konsul Bank’s “weakest” customer loans also fell: 0.02% for 5 years and 0.06% for 10 years.
For example, what is the difference between the most favorable and the most expensive home loans in full repayment: Monthly installments from $ 53,484 to $ 68,852, from the floating rate to the fixed rate, the top 3 offers.
Our example is a 10 million HUF loan, 20 year term, 400 000 HUF income, bank arrival, active card use, 15 million HUF real estate collateral!
Another example is a 15 million HUF home loan, 20 year term, 600,000 HUF income, bank arrival, active card use, 40 million HUF real estate security!
Based on the numbers above, it can be claimed that a well-chosen personalized home loan can save you millions!
Decision is yours to choose from the banks offer the one home loan that suits you in every way
It has also been revealed that in the long term, fixed mortgage loans and rating systems designed for qualifying consumer-friendly home loans will increasingly take the lead in the market.
If you are looking for a home loan, are interested in CSOK options, or are looking for qualified consumer friendly loans, then call our credit broker to help you make a professional decision!
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