Viewing a single comment thread. View all comments

1962Michael t1_jeagt8u wrote

Using the PMT function in MS Excel, it looks like your interest rate on that €250,000 is less than 3% APR.

If you mean the loan is €250,000-27,000 = 223,000 then your interest rate is more like 3.65%.

Both are actually really good deals right now, but you have to understand how prepayment would work.

1