A 15-year mortgage with USD 100,000
We will check three mortgage offers for USD 100,000 with a repayment period of 15 years. It will be a mortgage at Bank Good Finance, a housing loan offered by Loan and Credit and a mortgage at Good Finance. A mortgage at Bank Good Finance is a liability that can be incurred for a repayment period of five to a maximum of 30 years.
There is no limit to the amount of credit available
The bank offers a nominal interest rate of 3.41% per annum and calculates a commission for granting a commitment of 1% of the borrowed amount. The APRC here is 3.61% per annum. A borrower who decides to take out a mortgage loan at Bank Good Finance for the amount of USD 100,000 with a repayment period of 15 years will pay the bank monthly installments of USD 710 each.
The loan will cost him a total of USD 28,885. In total, it will be the sum of interest repaid by the borrower. The 3M WIBOR rate here is 1.72%. The minimum own contribution must, however, constitute 20% of the loan amount, on the website kupajzlokata.com.pl you will find not only deposits but also offers of other financial products.
Housing loan in Loan and Credit
A housing loan at Loan and Credit is a loan with a repayment period of up to a maximum of thirty years. The interest rate offered by the bank is 3.42% per annum. A commission of 1.15% of the loan amount should be added to the costs associated with the activation of the loan. APRC for such a commitment will be 3.65% per annum. The borrower will pay installments of USD 711 each to the bank.
The loan will cost him in total USD 29,123, of which interest will amount to USD 27,973. The 3M WIBOR rate is 1.72%. The borrower must make an own contribution of 10% of the loan amount. One of the conditions of using the offer is to take out a life insurance policy. It amounts to 0.30% of the loan amount.
Good Finance mortgage
A mortgage at Good Finance is a liability with a repayment period of one to a maximum of thirty years. The interest rate offered by the bank is 3.61% per annum. The bank does not charge anything for commissioning us. The APRC here is 3.67% per annum.
Each of the monthly installments will be 720 USD each. The total cost will be USD 29,654, of which the total amount of interest paid will constitute the entire cost. The 3M WIBOR rate is 1.72%. The bank does not require the borrower to make a minimum own contribution. There is no need to insure credit or low contribution insurance.