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1) the fee

The fees enable the lending institution and / or broker to pay. They vary from one institution to another and capped at 915 €.

They are capped at 450 € for a P.A.S. and P.C..

They are zero for P.E.L. and a loan rate 0.

If the loan offer is refused, the customer does not pay the fee.

The fees are negotiable, especially if you have a good record.

But the most important part of your loan offer is the APR (percentage rate). It is obligatory on your loan offer is included the fee. He will tell you that all expenses included, what is the best bid.

When negotiating, we must set priorities.

If you win on the fees but lose on the rate, you will not necessarily be the final winner.

Choose your priorities: the lowest rate, or prepayments without penalty or negotiation of fees.

2) Benefits

This is for the financial institution that lent you to make you pay a penalty for early repayment of credit (you did for twelve years and you want the lead after 7 years)

Penalties in a repayment to the lending institution is 6 months interest capped at 3% of capital outstanding. The details of the repayment mentioned in your loan offer.

However, for loans from 26.06.1999, the law prohibits the payment of penalties in cases where the property is sold following:

• a change of job,

• unemployment of a borrower,

• death of one of the borrowers.

In the case of a loan capped reviewable, it should not be any penalties for early repayment. However, it is necessary to verify the clause in the contract.

The severance payment can be negotiated in order to be exempt. Assuming a win-win, not negotiate penalties if you really think that during the term of the loan you will be asked to prepay. Otherwise, please note that you do not negotiate penalties and concentrate on other matters.

3) insurance

The loan insurance is compulsory and covers death and total and permanent disability. The insurance required by your credit is designed to protect your heirs who will find themselves relieved of the burden of repayment in case of trouble. It may also cover temporary disability or unemployment, these guarantees are optional. Specifically, if the problem is that the insurer takes over to repay your credit that you still owe.

The rate of credit offered by your organization depends on the markets and also fluctuates depending on banks. However, most often it includes the cost of insurance ... A few tenths of a point at least you can achieve substantial savings, or you can borrow a larger capital. Go ahead and compare!

Any offer of mortgage shall state that if the death disability insurance (guarantees death, IAD, ITT, IPT, unemployment) may be required by the lender, the borrower has the option of insurance.

The saving on insurance is not negligible it can reach 50% compared to the body or you have purchased your credit is up to € 7000 saving for a loan of 100,000 € (30-year loan) .

4) the amount of monthly payments.

The amount of monthly payments of a mortgage or consumer lending or repurchase of debt is a key parameter before any act of purchase or subscribe for a loan.

The life of a loan is governed by monthly installments of refund that is owed to creditors (credit agencies, banks). The monthly payment must match your income and financial resources: it does not exceed a certain threshold or ceiling. Your debt ratio should be below 33%.

Monthly repayment of consumer credit:

The monthly consumer loan are often high because the repayment period not exceeding 7 years. The higher the amount of personal loan, the higher monthly installments are strong. The monthly cash reserves and other revolving loans are quite low because the amounts borrowed are small. The interest rates of such loans are high: about 20% teg (near wear rate).

Real Estate Loan:

The mortgage is a special loan for its duration is long: for repayment over 30 years or 40 years almost a lifetime to pay off debts. Before signing any loan contract, check that your property investment is the best possible interest rate fixed or variable or adjustable, capped or not capped, filing fees, length of loan, mortgage or unsecured d 'mortgage, amount of monthly installments, prepayment fees ....? These questions and questioning to which he must find a solution and answer.

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