Finance Options

Finance Options


Typical finance and repayment details for Self -Build Mortgage

Self-Build Mortgage

Plot Value 150.000.00 Euros

Build Cost 300.000.00 Euros

Total Project Value 650.000.00 Euros (Including plot value)

Stage Payment Self-Build Mortgage @ 70% of project value = 455.000.00 Euros

If the mortgage is to be drawn in four stages;

Monthly Payment for 1st draw down (113.750 Euros) = 426.56 Euros on an Interest Only payment.

Monthly Payment for 2nd draw down (227.500 Euros) = 853.12 Euros…

Monthly Payment for 3rd draw down (341.250 Euros) = 1279.68 Euros…

Monthly Payment for final draw down (455.000 Euros) = 1706.25 Euros…Until Build Completion.

Once the build process is fully completed the mortgage will revert to Capital & Interest at a monthly payment of 2557.06 Euros

*The above example is to give guidance only, mortgages are available on all our build projects, please call our finance team for a specific quotation.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Translate »