Tuulia, who works as a seller of the shop, told Iltalehti how the tender for the mortgage was worthwhile. A mother from Kellokoski competed with her family for a $ 180,000 mortgage about three years ago. Winds asked for a loan offer from various banks over the internet.
Initial loan margin was 1.5 percent over a 22-year term
The initial loan margin was 1.5 percent over a 22-year term. By tendering, the margin was reduced to 0.5%. The total savings on the loan amounted to EUR 29,700. Good Finance Bank won the tender.
The loan period was also shortened because as the loan servicing costs decreased, Tuulia and her husband were able to raise the monthly loan repayment installment. The previous loan period of 22 years was reduced to 18 years.
The couple was also lucky when Good Finance Bank launched a campaign with Akava at a convenient time. During the campaign, Akava members were promised a free mortgage, and Tuulia’s man was able to take advantage of the offer.
Applying for a mortgage is not difficult
Applying for loans does not have to be cumbersome or difficult. Tuulia, who has competed on the Internet at different banks, says:
-It’s not really a hassle. The staff was very helpful.
Tuulia says she spent about a day working hours on tendering, which included estimating the value of the apartment with a real estate agent.
It is therefore worthwhile applying for loans
It is therefore worthwhile applying for loans, and this is not only true for mortgages. However, nowadays, it is not always necessary to apply for a loan individually with each bank, but you can quickly apply for a loan on a website.
Do not compete for loans Find the best interest rate on the market easily.