The other side of the Euribor.

With savers what happens is that they lose purchasing power. With a return of 2.5% and with a CPI of 3.9, the accounts are clear. Furthermore, as is making life savers are an endangered species.

When the return is higher than the rate of interest is called "leverage" and in this situation it is worth borrowing. That is what happened in Spain with the story: went up by 15% per annum and interest rates to 3%.

But that situation is not normal, or at least not sotenäs. The increased price of the flats today is negative and rates are rising.

AA

hello, I'm a bit worried about the mortgage, I'm going to do now, in two days and I have been told that it is best to apply the IRPH, q is not to regard this, but that joined us to apply a 1.15% 5.35% We have said that it is better than the Euribor, because it changes more often .. I have a monopoly ... Please help me, which really is more adaptable, which recomendais me?

it is very urgent, and I hariais a gradisimo favor, because I have the signing in two days and I'm a little PFF

thanks a greeting,
lucy.

This is my case, my girlfriend and I are going to buy a second hand villa in the hills in the area of London, the price is not bad the bad is that we have no savings and as e slogico need the 100% + expenses, after watching be infinite entities in the end it is more likely that we will decide by CREDIFIMO is supposed to be an associate of CAJA SAN FERNANDO the fact is that we attach € 292,000 and the chalet at whether this valued at € 297,600 and we bought the house for 249,995 €, throwing the accounts leaves us phenomenal that we wanted adding overhead costs (notary, 7% finance, etc) us on a very good dinerito almost € 20,000 to furnish, paint etc, well it only to the grain we are worried is that the goddamn Euribor and not for boarding and the trend is very much up for what I see, these are the conditions that give us:
Capital: € 292,000
-Euribor: +1.10%
commission-opening 1.40%
-life insurance 62 euros per month
-3 Years of grace with the letter of 1290 €
- From 1482 € 3rd year with the Euribor to like this today but we're going to be within 3 years and 5% seeing the current trend.
My question is watching our case these conditions of having no savings and do not give nothing at all entry and be very very fair in terms of payroll subject of risk, You think it's a good operation? and above all in three years the letter will be watching the damn Euribor crazy? thanks for everything and I expect a greeting responses.

Ricardo, I think it's crazy what plants without having yet taken the calculator. With a house you must think more about numbers than in the well. Without savings, and such amounts, sooner or later will need help from your parents, apart from the fact that more must be attached to work. I do not mean anything if you are considering have a / os son / s ....

In short, this villa unfeasible; think of something more modest, according to my way of looking at it.

Thank you so much for the speed, the calculator and I used nothing but our salaries and comments are mine net of 21,400 euros per year and my girlfriend 15,600 net with calculator in hand and watching the cost of day to day light meal water maintenance Rail house safer and so is very very justito but that is what you said conditions are fine? thanks for an answer so fast gilberto

Make numbers with Euribor to 6% and 7% to give account of what could sucederte, please. With regard to the conditions, as you will be a take it or leave it. In my view, the differential (+1.10) is very high, the opening comión amazing ... Come on, I do not follow. Look at the offer of virtual banks, although it is very unlikely that we accept signing a mortgage with you.

As I said ...: crazy, in my concept about what life is like.

Gilberto I agree with what the Euribor of 1.10% and the commission of opening the only thing I have in mind not to wonder with these data are giving me is that almost 98% of the value of the valuation and there is the problem, as is logical in the virtual banks as well tell you the offer that give you the famous or +0.39% +0.40% is also a bit "misleading" because the Euribor promise that you have to be: first single concediendote 80% of the value of the valuation as well will know in my case almost 100% and the risk is higher AHI OF THESE DATA +1.10% is not the same mortgage at 80% or less than 100% but really I say thank you for your advice and I hope that if the final fling for Forward all goes well that if I have in mind as well tell you within 3 years that the Euribor to 6%.
Greetings to all

Ricardo, all I have accounts in your latest "post" I know. However, as far as I'm watching you write more housing strip itself (good) that the numbers. Only tell you that I will not make much of a house slave for very nice to me the place, because I like to afford a "luxury" once in a while and I do not think llevármela to the grave. However, I understand that not everyone has to think like me (the truth is that there would be no game in this world, what is interesting is the variety). Therefore, I wish you the best of luck ...

So that you understand: I looked duplex, among other things, before getting into my mortgage, but it dismisses as what I whispered numbers. I am among those who precedence mathematics and the freedom to a very nice house and face with conviction, almost perpetual mortgage. And no, my current mortgage is not a condemnation, but it is up to a good business because more or less control between deposits and what my relief from the Treasury. .-)