> (don't worry Yanks, we don't have sub-primes here ;)
We do, actually. They're called 'top investment mortgages'. Avoid 'em like the plague. In fact, make absolutely certain you're getting NHG.
Personally, I suggest an extremely boring savings mortgage, but if the advisor has a good argument for another form, make him show you the math. In the very least, make him explain gross cost over time, net cost over time, and whether you're saving or paying off.
Thanks for the warnings. You can be sure as hell I'm getting a NHG mortgage, don't worry about that. Might opt for 'banksparen' since I don't really need the extra life-insurance you have to get when getting a regular savings mortgage. Furthermore I'll probably go for 50% 'aflossingsvrij', etc.
4.5% seems to be the current bottom rate. Very doable. Just have to watch out for the small print with regards to fines, clauses, conditions, etc.
Comments 4
GOOD LUCK!!! Crossing my fingers for you.
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Well, not anymore we don't.
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We do, actually. They're called 'top investment mortgages'. Avoid 'em like the plague. In fact, make absolutely certain you're getting NHG.
Personally, I suggest an extremely boring savings mortgage, but if the advisor has a good argument for another form, make him show you the math. In the very least, make him explain gross cost over time, net cost over time, and whether you're saving or paying off.
Reply
4.5% seems to be the current bottom rate. Very doable. Just have to watch out for the small print with regards to fines, clauses, conditions, etc.
Reply
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