This is the same principle as the total loan deferral except that in addition to the reimbursement of costs related to loan insurance, interest. Consequently, the capital remaining due is not modified at the end of this deferral. We are no longer talking about negative depreciation.
The essntial loan
Although the deferral of partial loan can be extremely practical or even essential in certain financial arrangements (during a bridging loan or acquisition in VEFA for example), the cost of such an arrangement is not negligible.
In the case of total deferral, you are required to pay interest on interest. It is therefore the most flexible solution, but also the most expensive. In the case of a partial deferral, the cost is characterized by the amount of interim interest. Lite Lender, real estate loan and loan insurance broker in Paris, can advise you in order to define the most effective solution for your project.
Before making the choice of a deferred loan, appreciate the cost of such an arrangement.
How do you know if you really need a deferred partial loan?
By contacting this brokerage firm in Paris, in addition to quality service, you will get the best financing offer on the market. Your financial advisor will take care of your file from start to finish and will be able to reassure you throughout this process.
To do this, your Firm undertakes to put all of the French partner banks in competition and to make you benefit from its business volumes to negotiate the most competitive rate on the market with regard to your profile. Beyond the rate, the Cabinet also negotiates all the other parameters of your mortgage.
Today, all of the customers who have used the Lite Lender service have recommended their entourage! And this for the following main reasons:
- Premises ideally located in the heart of Paris, close to many metro lines;
- Unique experts who will stay by your side until the success of your real estate projects ;
- Advisers who will reassure you during your moments of doubt;
- Rigorous, efficient and rapid monitoring.
What is important is to take the time to choose your real estate broker carefully and not to embark on this process, alone, not surrounded by a professional. This will waste your time, money and energy. Everything you will need for the rest of your project!
TO REMEMBER !
- As part of a partial deferral, you only repay the interest and loan insurance to the bank each month
- The cost of a partial deferral is not negligible, remember to know it
- Always use a mortgage broker to lower your costs