The extension of the repayment plan becomes necessary when there is, however, in situations of income very low or in the case of excessive costs of buildings: especially when the band is represented by single-income young singles or young couples with no initial capital, to assess the need for a longer amortization schedule becomes increasingly the only way to access a real estate financing. Generally
durations no longer than 30 years for plans sponsored mortgage market, but the need for reimbursement solutions 'more comfortable' has prompted several institutions to create product lines with longer life. It 's the case, for example, Unicredit Banca serving a 40 years mortgage, variable rate that is mixed rate, or
Woolwich Bank , a plan that offers adjustable rate mortgage can cover up to 80% of the market value of the property (maximum expected € 200 000). Among the long-term real estate financing solutions including loans 50 years, such as Always light of UBI Banca . The 50 years mortgage UBI is a product variable rate indexed to Euribor 1 month. by http://www.mutui.com
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