A trading company is looking for larger business premises with which to expand their warehouse capacity. Because of their good financial position, they want to buy their next one building. The property costs $ 800,000 that they have in mind.
The company has a contribution of $ 260,000 , and they want to obtain a mortgage for the remaining $ 560,000. The entrepreneur wants to pay off the mortgage in 20 years.
Depending on the financial position of the company and the marketability of the real estate, we can arrange a 20-year business mortgage without any problems. After considering all 81 providers we compare, we are able to negotiate an interest rate of 3.5% , with a one-off closing fee of 0.75% .
At the request of the customer, we add the closing costs to the mortgage, in order to keep the own contribution as low as possible.
2.5 weeks after the first contact moment, the mortgage is signed, the loan amount has been deposited into the account and the property can be transferred.
The following month, the company starts with the monthly payment of $ 3,272.13 per month .