Mortgages Croatia |
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Croatia a great place to buy property
The Facts about mortgages in Croatia Full status mortgages are based on affordability, and all your existing liabilities including any mortgage/rent payments, personal bank loans, credit card payments etc together with your proposed Croatian mortgage payment must not exceed 35% of your net monthly income. Croatian registered company must be set up. Types of Mortgage Repayment only Minimum loan amount – N/A No Maximum, but must not exceed 50% of valuation or purchase price (whichever is the lower) Proof of Income: Required in all cases. Mortgages need to be supported by a minimum requirement of proof of income, i.e. if employed – copies of your last six month’s payslips & copies of your latest two P60’s together with copies of your last 6 month’s Personal Bank Statements. Alternatively if you are self-employed – copies of your last three years Audited Accounts & copies of both your last 12 month’s Business and last 6 month’s Personal Bank Statements will be required on application. Term: 10 years up to age 65 Currency: Euros only Current Variable Interest Rate: from approx 8.6% Example for Euro Mortgage: Repayment mortgage of approx €100,000 over a period of 10 years at an interest rate of approx. 8.6% = approx €1,245 capital and interest per month = a total approximate amount payable over the term of €149,400 excluding other fees. Croatian Mortgages Our overseas mortgage specialists can provide quotes for buyers seeking a mortgages for a property in Croatia Croatia useful resources
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