Plan your budget with a Fixed-rate Mortgage
With the a Fixed-Rate Mortgage, you can plan your interest payments in advance, as the interest rate will remains unchanged throughout the entire term of the mortgage. This offers you protection against rising interest rates during the mortgage term, and allows you to budget more effectively. The combination of multiple fixed-rate mortgages with varying terms reduces your interest rate risk.
|Interest rate||Fixed mortgage interest throughout the entire term|
|Interest rate risk||Only at maturity|
|Conclusion||Up to 30 days in advance free of charge (longer periods possible with a Forward Mortgage)|
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