View Single Post
  #21  
Old 05.11.2016, 14:42
FunnyBone's Avatar
FunnyBone FunnyBone is offline
Forum Veteran
 
Join Date: Jan 2015
Location: Earth
Posts: 797
Groaned at 38 Times in 26 Posts
Thanked 1,144 Times in 509 Posts
FunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond reputeFunnyBone has a reputation beyond repute
Re: Which bank will help you better in buying a house?

How can one negotiate away the penalty of fixing the mortgage terms for a differed (repayment) date? More specifically, if the mortgage is fixed now for June '17, the bank will offer a higher interest rate (ex. instead of 1% it will be 1.05%).

So far:
Mixed: Libor @ 0.85; 5 yr @ 1%; 10 yr @ 1.4

but if I do it now for June '17, it will be

Mixed: Libor @ 0.85; 5 yr @ 1.05%; 10 yr @1.45

I'm still shopping around. Had a similar experience with Raiffeisen as mentioned in this thread.

Can I eat the cake and have it, too?
Reply With Quote