According to recent data recorded in the property market, a steady increase in applications for mortgages for second homes: the objectives are mainly used for vacations, while a 46.5% + solidifies also use investment. ’83 .3% Of the second house is used for the holidays, with growth since 2008 is +73.3% mark.
An overview of the best loans for buying a second home to Help Consumers done shows for an amount of € 100,000, to finance a property valued at € 200,000, to be repaid in 20 years, the best rate mortgages results are variable mortgages CheBanca! (Monthly payment of 509 € – APR 2.11%) and ING Direct Orange Mortgage (monthly payment of 515 € – APR of 2.22%).
Among the mixed-rate mortgages more affordable, however, according to the analysis conducted by Consumer Help to first place a product of Banca Intesa San Paolo Mix Multipzione Domus, which offers a monthly payment equal to 598 € and an APR of 4, 14%. Unicredit Family Financing is proposed that provides a monthly payment of 620 € and APR of 4.51%, while Family Mutual Benefit Option is the product offered by Banca Popolare dell’Emilia Romagna (installment, equal to 651 euro per month and APR of 5.06 %).
Recall that the mixed-rate mortgages provide for the customer to vary, depending on their due date of the loan agreement, the type of rate, going from fixed to floating rate or vice versa.
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