If more than a third of your income has to be spent on the mortgage, it is no longer considered affordable. Finances: Is there enough money for the mortgage? With retirement income, there are suddenly fewer financial resources available. – Pexels Ad the essentials in brief Early calculations show whether the loan will remain affordable … Read more
A mortgage is a real estate loan that lasts for years. But where can I find the best one for my finances? Finances: Long maturities make a mortgage cheaper. – Pixabay Ad the essentials in brief The credit advisor provides information about cheap mortgage options. Long terms reduce the monthly installments. Long-term fixed interest rates … Read more
Affordability tests and higher fees and finances: The age of the borrower can become a hurdle with the mortgage. Mortgage: If the borrower is older, there are a few things to consider when it comes to finances. – Pexels Ad the essentials in brief Financial institutions check affordability as people get older. Special senior mortgages … Read more