Due to the economic crisis and its resultant in the field of real estate, the mortgage rate is even reached. Then noted an increase in lending rates for achieving some housework for the acquisition of new chairs or a television ...
Every day we suffer from the continuing escalation of prices in relation to the real estate sector and, oddly, the revenues and receipts of all people are the same. Regarding those limits virtually debt and enjoy a wide range of credit, the turn of events pushes the payment period for many more years. In order to constantly see a loan, it is unavoidable, the client, to borrow a percentage which he builds.
Already starting to benefit fully from a credit squeeze is not one of the golden rules. Then, the next project is to find the ideal percentage. For this step, the weight of your monthly income has an important place, because your monthly payments and duration dependent. Thus, whatever the income, it is recommended that the monthly payment on your loan is less than or equal to 33% of your income, this will allow you to cope with life (consumption costs, leaves) and not even be surprised by unexpected events (health, accident, death).
Also in the above sense, to have anything in connection with real estate through a loan, apart from the importance of the rate, nature also be considered. And a - t - on fixed rates and those variables. Fixed rates are higher than those variables in 0.5 to 1.5%.
With variable rate, your monthly payments are diversifying paces alongside financial markets. When rates are falling, the amount of your monthly payments also fall. In the opposite case, your monthly payments are rising and you are penalized. However, a threshold is expected to reduce the disproportionate percentage increases.
Regarding the percentages fixed, whatever the value of the market rate, your monthly payments remain unchanged, the disadvantage here comes the potential for lower rates.
Every day we suffer from the continuing escalation of prices in relation to the real estate sector and, oddly, the revenues and receipts of all people are the same. Regarding those limits virtually debt and enjoy a wide range of credit, the turn of events pushes the payment period for many more years. In order to constantly see a loan, it is unavoidable, the client, to borrow a percentage which he builds.
Already starting to benefit fully from a credit squeeze is not one of the golden rules. Then, the next project is to find the ideal percentage. For this step, the weight of your monthly income has an important place, because your monthly payments and duration dependent. Thus, whatever the income, it is recommended that the monthly payment on your loan is less than or equal to 33% of your income, this will allow you to cope with life (consumption costs, leaves) and not even be surprised by unexpected events (health, accident, death).
Also in the above sense, to have anything in connection with real estate through a loan, apart from the importance of the rate, nature also be considered. And a - t - on fixed rates and those variables. Fixed rates are higher than those variables in 0.5 to 1.5%.
With variable rate, your monthly payments are diversifying paces alongside financial markets. When rates are falling, the amount of your monthly payments also fall. In the opposite case, your monthly payments are rising and you are penalized. However, a threshold is expected to reduce the disproportionate percentage increases.
Regarding the percentages fixed, whatever the value of the market rate, your monthly payments remain unchanged, the disadvantage here comes the potential for lower rates.
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