Those who now apply for a fixed-rate mortgage pay, for the entire duration of the loan, approximately € 6,900 more in interest than in 2021
There war between Russia and Ukraine is making the first repercussions felt in Italy too: in addition to ainflation galloping and one energy crisisin the making, the crisis is also looming over mutual rates. As emerges from the analysis of Facile.it, the IRS, the benchmark that guides thetrend of fixed mortgagesin the last few days it is climbed exceeding 1% (index at 20), which hasn’t happened since May 2019.
This determined that for a fixed mortgage of € 126,000 at 70%to be repaid in 25 years, the best rate (APR) available online is equal to 1.44%with an installment of 489 euros per month; twelve months ago, for a similar operation, the best rate was 1.04% and the installment 466 euros. This means that those who now apply for a fixed-rate mortgage pay, for the entire duration of the loan, approximately 6,900 euros more in interest compared to a year ago.
“For months, experts from Facile.itEurope is grappling withincrease in inflationlargely determined by the rise in the energy priceand the crisis situation between Russia and Ukraine could further complicate the scenario. “If i fixed rate mortgages they are already much more expensive today than they were a year ago, on the variable front, for now, the situation is still stable.
“Euribor, continue the experts of Facile.itis still negative, but for the in the future, the trend of inflation will be decisive. If the current level becomes structural, an intervention by the ECB on interest rates will be inevitable and this would have a direct impact on the installments of variable mortgagesboth for those who already have a loan in place, and for those who will sign it in the future “.
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