It is a bit of a challenge in the last few weeks to correctly calculate the amount of a mortgage. Not only did the stricter rules completely change the conditions for obtaining a mortgage, but the overall calculation for the mortgage rate also changed completely. You no longer get a mortgage at 100% of the value of the property being pledged , but only at 80% . This means that you have to be saved for the rest, you have to rent or guarantee other properties. So how much mortgage do you get with Betsey Trotwood?
The amount of the mortgage is limited
Like everywhere else, the mortgage is limited by the value of real estate . Even if we do not provide you with a mortgage, but we only provide it to you, you will receive a maximum of 80% of the value of the pledged property . But how much will it result?
The example illuminates everything
We will respond with a sample example. Let’s say you want to buy a $ 3,000,000 property. You are looking forward to it all your life, you have been saving from the high and you have finally decided to do so. You will want to take a mortgage on it with our help. In this case, the maximum amount you will be able to earn is 2 400 000 CZK . The remaining $ 600,000 you must have saved from yours , or you can borrow. The maturity of our mortgages is up to 360 months.
What can you get a mortgage for?
And you don’t just have to take a mortgage on a house. You can also use it to buy a new apartment, to renovate a home, a cottage or a cottage or to live for parents. Even a third person, such as a sibling, parent or friends, can own the property.
Who is the mortgage suitable for?
Are you asking yourself if you are the right mortgage candidate? If you are over 18 years old, you own or want to own a valuable property that you can guarantee, and you are resident in the Czech Republic, then you are an exemplary mortgage candidate . However, we consider each request separately, so none is just swept off the table. Therefore, even if you do not meet all the requirements, you can also apply for a mortgage .