15% house buying down paymentCan We get loan |
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15% house buying down paymentCan We get loan |
 9.Oct.2019, 09:15 AM
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#1
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Joined: 9.Oct.2019 |
Hi everyone
I am wondering how people can afford paying 15% dawn payment to buy a house/apartment. Does anyone have an experience to borrow part of it from the bank? (Of course the interest will be higher) thanks |
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9.Oct.2019, 04:39 PM
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#2
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Joined: 9.Aug.2018 |
Hej!
Officially, banks tell you that you are supposed to have that 15% without borrowing. In practice, most banks will propose you a personal loan in case you can't afford the full amount. Hell, even SBAB (that is at least partially state-owned I believe) offers a loan as part of the standard mortgage calculator and without too much of a fuss. These loans are usually between 6 and 36 months, have higher interest and not more than 250k, so plan your expenses well because that's quite a hit. Your choice with which bank to ask this loan to, but it's certainly better to try and avoid the expense all together. |
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9.Oct.2019, 07:24 PM
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#3
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Location: Skåne Joined: 23.Aug.2016 |
QUOTE (NIL @ 9.Oct.2019, 10:15 AM) 
Hi everyoneI am wondering how people can afford paying 15% dawn payment to buy a house/apartment.Does anyone have an experience to borrow part of it from the bank? (Of course
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It's the same as any other country which requires you to have a 'deposit' or part of the final price yourself. You can get what the Swedes call a 'top loan' to pay it but as you say it will be very expensive and not designed to be for a long period. |
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10.Oct.2019, 05:54 AM
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#4
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Joined: 20.Sep.2011 |
Top loans.
You won't get one if you have not shown any capacity to save at least some of the deposit though. |
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