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Transferring your Mortgage to Another Bank

By Advertiser, In Property, Business · 08 Apr 2021, 15:42 · 0 Comments
Transferring your Mortgage to Another Bank

Do you currently have a mortgage in Portugal with a high interest rate and are looking to get the lowest rate possible?

We understand that the thought of moving to another bank may seem like a daunting task but it doesn't need to be.

At Ideal Homes Mortgages we're ready to help discuss the process with you in a stress free way.

Best of all, this service is FREE of charge.

To give you an idea of the savings that are possible on a mortgage rate of 300,00€, take a look at the simulation below:

Old Interest Rate

New Interest Rate

Mortgage Amount

300,000€

300,000€

Period/Terms

30 years/360 months

30 years/360 months

Interest Rate

1.5%

0,873%

Monthly Payment

1,035.36€

947.52€

Savings over 12 Months

1,054.08€

With all the savings at your disposal you could look at the option of purchasing a new property, for investment purposes which means you are in a great position to earn rental income.

Ideal Homes International will be happy to assist you find the perfect property.

As soon as you have purchased your investment property, Ideals Home Rentals will be able to assist you in renting your property and helping you earn money. For example, if you owned a 3 bedroom apartment in Lagos you could earn in excess of 30,000€ per year.


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