How to compare mortgage loan offers?

Mortgage is not immune to the tendency of the consumer to want to compare before signing. Here are the main tracks to help you get the best loan offer.

How to compare two loan offers?

How to compare two loan offers?

To find out the total cost and be able to compare two separate loan offers, the future buyer that you are can use one of the following two operations:

Either, you will make the sum of the charges (reimbursements + additional costs) from which you will subtract the borrowed capital.

Or, you will calculate the APR, the overall effective annual rate. You will ensure that all the elements helping to calculate it are communicated to you.

Suffice to say that if you have to compare 2 loan offers, the method of comparing the nominal rates between the 2 offers will not be reliable, since a low nominal rate with higher fees can quite result in a total cost higher credit.

What should you take into account?

The borrowed capital which is a function of your personal contribution, the level of your resources and your disposable income and the amount of your real estate transaction.

You will be able to compare the nominal interest rate that banks are willing to grant you.

How to compare two borrower insurance contracts?

How to compare two borrower insurance contracts?

The group contract offered by the banks or the delegated insurance contract? Each candidate for credit has the possibility of choosing a different borrower insurance than that of the lending bank which has a higher cost as a rule.

What should you compare?

Guarantee conditions, deductibles, waiting periods and exclusion clauses for certain sports activities, certain conditions, etc. and the cost.

It is in your best interest to use the borrower insurance comparator in order to choose the guarantees that best meet your needs and expectations.

The borrower insurance comparator allows you to query several insurers at the same time.

Each credit expert will offer you the offer that best suits your needs.

How to compare two intermediaries?

How to compare two intermediaries?

Credit experts are all subject to the same requirements laid down by the Monetary and Financial Code with obligations to register with the orias, good repute, liability insurance, financial guarantee and professional skills.

What should you compare?

The conditions for exercising the profession being fulfilled, the comparison lies in the cost between each.

You will have entered a loan or insurance offer asking for expert skill to define what it contains and compare it to another.

Do not hesitate to call on a broker to accompany you and advise you on the financing part of your life project and this whether it is free or paid!