View Single Post
  #4  
Old 15.03.2021, 09:51
NotAllThere's Avatar
NotAllThere NotAllThere is online now
Modulo 2
 
Join Date: Oct 2008
Location: Baselland
Posts: 14,204
Groaned at 256 Times in 224 Posts
Thanked 21,084 Times in 8,561 Posts
NotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond repute
Re: Clarification on Mortgages

Quote:
View Post
- Reading UBS website, says each property requires max 2 mortgages (13% and 67% +20% down payment). the 13% should be paid within 15 years. Why some people say then another mortgage is required. why?!!!
Why? No idea. Who are these "some people" who are saying this?

I paid my 2nd tranche mortgage off yonks ago. I have two mortgages in the 1st tranche, one with 9 years to go and one with 3 years to go. Both fixed rate, interest only.

I think you're very confused. Have you considered getting professional advice? Or perhaps let some other people handle your clearly very large capital assets - you don't seem awfully competent.
Reply With Quote
This user would like to thank NotAllThere for this useful post: