The initial rate will have to move downwards or upwards within the limit of a predefined ceiling. This rate is generally indexed to the Euribor and it offers the advantage, in principle, of being initially lower than the fixed rate. Capés loans: they have the advantage of offering security with a ceiling rate (from +1% to +3% compared to the initial rate) beyond which the increase is no longer passed on.

The flexible option allows you to modify your monthly repayments upwards or downwards according to the evolution of your resources.

This type of loan makes it possible to take into account a financial arrangement where the durations of the different loans are not identical. The objective is to guarantee the borrower a monthly charge acceptable to him and admissible for the acceptance of the credit by the bank. With this type of loan, you can benefit from subsidized loans (0-rate loan, employer loan, etc.) which are generally for shorter periods than the main loan from the bank.

This is the rate that calculates the real cost of your credit. It may include, in particular, administrative fees, insurance, the cost of the guarantee, etc.

The mortgage can include in addition to the purchase price, notary fees, agency fees or works. We generally hear that it is necessary to have a contribution to carry out a real estate project. In practice, some banks allow you to borrow all the costs related to the project, this is called 110% financing.

The most common duration is 25 years, although certain situations require an arrangement over a period of 30 years. However, it is unlikely that the credit will go to maturity, on average, the life of a mortgage is less than 10 years, so the total cost of the loan is calculated according to the interest paid over this period. .

Taking advantage of lower interest rates for a current home loan is possible and often turns out to be an interesting operation. If interest rates are falling, you can reduce your monthly loan payments without extending the term of your loan.

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