Your
mortgage will be arranged through our Spanish
agents — typical interest rates on Spanish
mortgages range from 4.25—4.75%.
Your estimated monthly mortgage repayments per
£100,000 borrowed will be £375 (at
4.5% interest).
The
mortgage will be based on an interest only initial
period of between one and ten years. After this
initial period it will revert to a standard capital
and repayment mortgage for the remainder of the
term.
Your
mortgage will be for the full purchase price plus
costs, therefore there is nothing else to pay
other than the £7,000 up front.