If you need a loan to finance your purchase, the amount of your repayments can not exceed 30% of your total income.
The various loans « prêts »
- « Prêt à taux fixe »,
- variable rate « taux variable ». Attention, a variable-rate credit can lead to significant changes in your repayments. If rates decline, so much the better for you, but if they improve you will encounter a large increase in your monthly payment.
If you want to borrow with a variable rate, ask about the loans "capés". This means that your rates may vary, but within a percentage defined by the basic contract. In this way, you know that your monthly payments will not increase too much.
Once you've contacted your bank and explain your project, it will send you a loan offer « offre de prêt ».