The mortgage costs us 60.000 more euros with the last increases of the Euribor

That is said soon. Unfortunately, the numbers speak themselves. After having contemplated the last increases of the Euribor, we have done the calculations in our calculator of loans, in which there is detailed the quantity of interests to pay, and the accounts have gone out like that:

For an average mortgage for 130.000 euros to 30 years, the entire cost of the buy, after adding the interests that we will have to pay, it will be 255.000.

In October, 2005 the Euribor was to 2,414 %, in these moment is to 4,725 %. Simply we have to change the interest rate and see the result. More than difference 60.000. Of course, the monthly quota increases in almost 200 euros from one date to other one.

Although it is approximate information, the real information of every case in particular will not differ much from those that we exhibit here. You can verify it for yourselves in the loans calculator.

A Comment to “The mortgage costs us 60.000 more euros with the last increases of the Euribor

  1. warlike carlos muñoz says:

    Very good, I bought to myself a 10.000 square meters area, for a price of 120.000euros, I have to 60.000euros and pay very high interests I would like that they were granting a mortgage loan to me to a mortgage interest, my phone is 687 ******.
    thank you.

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