Finding a fixed mortgage can bring financial peace of mind. Knowing exactly how much is due each month simplifies financial planning considerably.
HelpMyCash analysts have put together this ranking of three of the best fixed mortgage loans to give you an optimal choice when searching for interest.
1. BBVA
BBVA Loan is an irrevocable mortgage aimed at those in search of stability, starting with interest of 2,99% up to 30 years and offering no opening and amortization fees or partial amortization costs.
HelpMyCash experts claim that BBVA fixed-rate home loans offer lower interest than Santander and Bankinter. While there may be several banks offering such mortgages on the market, few actually do it regularly.
To save money, choose a fixed-rate mortgage. A fixed-rate loan offers consistent interest payments throughout its life without depending on any company or index; consequently, monthly payment obligations do not increase or decrease in relation to financial markets. BBVA currently offers one of these mortgages while Banco Sabadell has variable options offering 2.6% TIN interest and up to 0.40% Euribor rate savings as options.
3. Banco Santander
Banks charge different interest rates when lending you money for home purchase, depending on two essential criteria: your risk aversion and expectations regarding your economy in general. Your choice between fixed, variable and mixed mortgage loans also largely depends upon which interest rates you wish to apply.
HelpMyCash analysts have recognized Banco Santander’s Best Home Equity Loan as the top option in its class, offering starting rates of 2.250% over 10 years, before being reduced further down to EURIBOR plus 0.65% thereafter.
Hipoteca treatment includes both annual compensation and an interest reserve guarantee of 10%.
But in addition to its technical advantages, with reduced taxes d’imposition, mortgage financing provides you with an economically advantageous mortgage capital payment option so that you can rake in even more money from your house – making this an extremely viable solution!
4. HelpMyCash
HelpMyCash is a financial comparison website committed to improving how millions of people manage their money. Established in 2010, initially it compared hipotecas; today users use HelpMyCash to research, compare, and select an array of products and services such as bank accounts, credit cards, banks deposits loans prestamos insurance policies as well as real estate agencies.
HelpMyCash provides users with calculators, simulators and guides to enable more informed financial decisions and provides advice for saving money and best practices for better money management. Based in Barcelona Spain, the company competes with Raisin, Rastreator and iAhorro among others; investors include Investinnova and Grupo Iberdrola with Laurent Amar and Olivia Feldman serving as its founders.