4 ms·
A 25 year repayment mortgage with 0% interest is 4% a year (1/25).
by esotericn 7y ago
A 25 year repayment mortgage with 0% interest is 4% a year (1/25).
- toohotatopic 7y agoAfter 25 years, the apartment is not worth nothing. People who ignore the bubble expect to sell the apartment after 25 years for the same price, or refinance with another mortgage. With some luck, the apartment is even worth more.
- esotericn 7y agoSure, that doesn't change the fact that you need 4% per year to buy it.