I am currently paying 1751 euros per month(621 euros for principal loan and 1130 for interest) for a loan of 250,000 euros over 22 years current rate 5.74,I am approx 2 years into the mortgage,when I calculate the same rate on one of these internet mortgage calc sites I get a payment of 1669 euros.Can someone explain why the difference?
Everything you need to know about property in Spain
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.