Encouraged by the bad experience of repaying loans contracted at a variable interest rate, citizens have turned to a safer way of borrowing and are increasingly contracting loans at a fixed interest rate. The term fixed interest rate refers to the agreed annual interest rate, which is the same for the entire loan repayment period. […]
JC Loan offers a convertible rate mortgage “cape + 1”. A loan whose rate may fall and whose ceiling rate is secure. JC Loan Proposes a Winning Formula for the Borrower JC Loan is proposing a revised CAPE +1 Coupon Rate at 2.65% over 20 years. This variable rate “TOTALLY secure” is capped at the […]
If you have debts and no assets, all your debts, with the exception of some government requirements, will be considered as non-priority debt and thus subject to a dividend calculation. Dividend calculation is a relative distribution of the item Allocation creditors, calculated according to the size of the debt. If we assume that the debt […]
When you buy a house, you may use a mortgage. But which mortgage is best suited for you? And what do all those types of mortgages mean for you? In this article we look at the annuity mortgage that, in addition to the other well-known mortgage types such as a start-up mortgage and a linear […]
The purchase of credit adapts to the specificities of each home. For those who are responsible for both a home loan and consumer loans, the loan consolidation allows to include or not the current mortgage. If the latter is included, it is easier to obtain a reduction in monthly payments. The choice to include or […]
Entrusting your car to a mechanic is difficult when the place does not arouse any confidence. That is why it is important to choose the right workshop, so you can be calm every time your car presents a program. These are the basic signs to identify a good workshop: All information is available: They don’t […]
Specifically, this means that in the case of applying for a loan of 25,000 euros with an interest rate of 5.95% over 60 months, we will pay interest 3,964.35 euros, with a monthly payment of 482.74 euros and a total amount after 60 months of 28,964.35 euros (adding both capital and interest). But imagine that […]