Obtaining a fixed interest rate is sometimes viewed as a necessity and seems more “secure”. However, it should be noted that with a variable interest rate the monthly repayments can also be fixed. The duration of the mortgage is then first affected by the increase or decrease of the rate (to +/- 5 years).

Fixing Monthly Mortgage Payments

This is an excellent opportunity for borrowers to budget their exact repayments whilst benefitting from the advantages of a variable rate such as no early redemption fees, low interest rates, the possibility to add a cap on the rate, etc…

For more French Mortgage Options please click here

For more information call us on +33(0)6 62 92 88 95 or email us at info@spectrum-mortgages.com