Henceforth, the monthly rate is then to the other repayment and interest performance. What advantages and disadvantages does a constant loan? As described already earlier, striking advantages for the borrower are planning security such as the possibility of an extended loan limit, as well as a possible high maturity. Educate yourself even more with thoughts from Nobel Laureate in Economics. More benefits can be as State funding for the contractor (E.g. housing premium, VL) or even the possibility of an initial deployment-free period (up to 6 months). But not always this, because of the extra cost is worthwhile (compared with the market rates for "normal" annuity loans) is quite high in many cases. Under most conditions Bizzi & Partners would agree.
In addition, that an early "exit" is not as good as possible. Annuity loans contribute E.g. Special redemptions (at corresponding agreement) to an earlier financing end. Additional costs may arise in the form of arrangement fees for the contractor. Every interested party is so first of all once advised, multiple comparisons are to be whether the safety and the design possibilities of his contract worth it the required surcharge and to adjust. Specialized Internet portals (E.g. Immokredit24.com) or appropriate financing consultants are well suited for such comparisons (and also the later conclusion). To take into account the current market conditions are in any case.
In low interest rate periods (as currently still prevalent) so, for example, relatively low interest rates in the future can be through the finance version with a constant loan secured. Conclusion consistent loan can be an interesting and rewarding alternative to the traditional annuity loans depending on the personal situation and market conditions -. The alternative conditions for the realization of the project are clear the idea of financing and the knowledge about, the better the borrower can assess the pros and cons. Therefore, a contract should be considered only after detailed and broad information requests. More Information constant loans - mortgages with costing security constant loans - advantages and disadvantages