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Housing loan payback period now 25 years in Finland More and more people in Finland (a quarter of those who have taken a housing loan in the last two years) chose a housing loan payback period of 25 years instead of 20 years.
Main reason is an increase in interest rates.
Do think that living in Finland became more expensive in the last 2-3 years?
Last edited by Snow; 10th-August-2009 at 10:23 AM.
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yes of cource it become sooooo expencive but you know what not just in Finland its in all the world ,specially the food .and so specific (Tomatti)
about the house loan I was wondering whats the benifit for the Banks for such loan is there any extra payment you should pay for the bank or just what the rest of the house price that the Bank will pay , I just wanna know about this issue so is there any web side talking about it ??
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well the bank makes money with the interest they charge you
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20-25 years? Lucky you!
In Ireland its 35-40 years, or interest only mortgages.
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25-30 here...
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Yep, it's 25-30 yrs here in Australia too
What about the deposit? How much deposit to you need to buy a house in Finland? Is it possible to get a no deposit home loan there?
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