Value of RIP 260,000
Amount of mortgage 194,000 interest only, 10 years left
Interest margin 1.15% tracker over ECB
Rent received and rough expenses: monthly rent of 1,250, annual tax bill of approx 5k
Can you explain this one as I'm confused ? You are paying interest only ? What is the 10 years left ? Is it that in 10 years you have to pay capital as well ?Value of RIP 260,000
Amount of mortgage 194,000 interest only, 10 years left
Interest margin 1.15% tracker over ECB
Can you explain this one as I'm confused ? You are paying interest only ? What is the 10 years left ? Is it that in 10 years you have to pay capital as well ?
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