Even with the slight cut in rates, the installments of variable rate mortgages are still high, but fortunately there are subrogations.
After the continuous increases in rates applied by the ECB, many families found themselves in difficulty in honoring their mortgage payments, which had increased exponentially.
However, there are solutions, and among them is subrogationor the transfer of mortgage into be at one bank that offers more favorable economic conditions. Subrogations, among other things, can be activated for both the first and second home, so it is certainly worth evaluating some proposals.
Mortgages, here are some proposals from banks that reduce the final instalment
The ECB cut rates by 25 percentage points on June 6th; many expected further cuts but the Lagarde has done an about-face stating that inflation has not yet reached 2%.
Therefore, while the ECB is thinking about lowering inflation, access to credit is more difficult and loan payments are more expensive. Here’s what families could think about subrogation of the mortgage, so as to reduce the monthly payment a little.
Thanks to price comparison siteswe can easily analyze different solutions and choose the one that is best for us. So let’s find out some practical examples.
There subrogation you can ask for a loan for both the first and second casesa, and therefore even those who have invested in a mountain chalet or a “Viareggio” by the sea can save.
Searching online, you will find various subrogation proposals, all quite convenient. With Facile.itthe famous comparison sitea window opens on main offers of the moment and to understand the savings percentages in concrete terms is taken as an example a financing residue of 134,000 euros:
Intesa Sanpaolo – “Green Mortgage” subrogation
- Exclusive online offer valid until 06.30.2024
- Monthly installment: €543.50
- Duration: 30 years
- Rate type: fixed
- Finished rate: 2.70%
- APR: 2.83%
- Investigation costs: €0
- Expertise costs: €0
- Management of the branch practice
Banco di Sardegna – Mortgage With Subrogation – Fixed Rate
- Monthly installment: €564.95
- Duration: 30 years
- Rate type: fixed
- Finished rate: 3.00%
- APR: 3.10%
- Investigation costs: €0
- Expertise costs: €0
- Management of the branch practice
Intesa San Paolo – Fixed Domus Mortgage – Basic Plan – Subrogation
- Exclusive online offer valid until 06.30.2024
- Monthly installment: €568.57
- Duration: 30 years
- Rate type: fixed
- Finished rate: 3.05%
- APR: 3.19%
- Investigation costs: €0
- Expertise costs: €0
- Management of the branch practice.
With these examples we can therefore understand the extent of the savings and those interested need only contact the chosen branch or sign up for the online offers.
