Let’s clarify at the outset that home loan is a very good thing. It helps us live in real estate that is our own. Of course, there is a difference between loan and loan, so we can make a good loan better. We’ve just shown you 3 tricks to get this done!
The first step is to find a cheap and possibly the cheapest loan. There’s no better option than finding an accurate credit calculator, which you can access by clicking here .
As you see it is quite easy to use, as all you have to do is enter in a few basic details and it will calculate how much you can expect to pay off with these parameters.
Win by Modifying the Term!
The calculator is not only capable of showing how much we repay monthly to the bank for 20-25 or even 30 years, but also that we can compare under several conditions.
One of the curiosities is that the calculator shows how much we have paid back during the entire term. We may find surprising curiosities when we look at, say, 4 years. Illustrated by an example:
2 In the case of a 5-year loan of HUF 14 million, the smallest monthly repayment is HUF 64,011 and a total of HUF 19,168,178. Conversely, if we plan only for 20 years, we will return “only” HUF 18,113,006 (the monthly installment is HUF 75,351). That is, we saved HUF 1 million.
Pre-; and repayment
The biggest saving means not only paying off your loan, but also saving it. As we repay, so do our debts, this is clear. By the way, if we run a savings, our own money will increase. For loans, there is an option to pay not only the regular repayment, but also a larger amount. With such a solution, you can either reduce your monthly repayment amount or make your maturity shorter. A TBSZ account with tax benefits or state-subsidized home savings are also ideal for this.
After reading this article, all you have to do is take the steps described here and take action. But you don’t have to do it alone, we’re here to help. Contact us. I am guaranteed to be satisfied with your credit if we are with you.