My mortage payment is 520€/month including interests which are tied to Euribor12 and change once a year. My interests now are less than they were a year ago.
Meanwhile, we’re a third through a 15 year mortgage locked in at 2.5% for the life of the loan. If we had been willing to pay a bit higher in interest, we could have locked in a 30 year mortgage rate, probably around 3%.
My mortage payment is 520€/month including interests which are tied to Euribor12 and change once a year. My interests now are less than they were a year ago.
Meanwhile, we’re a third through a 15 year mortgage locked in at 2.5% for the life of the loan. If we had been willing to pay a bit higher in interest, we could have locked in a 30 year mortgage rate, probably around 3%.