Interest Only Mortgages

The purpose of this investment is to acquire interest and serve to repay the outstanding capital at the term of the loan.

 

Key Information

  • Minimum Property Purchase price - 150 000€
  • Loan to values for non-residents range between 50% - 85%
  • Loan term of up to 25 years
  • Minimum levels of income required : 50 000€

This loan is offered in France and Monaco, but is always required to be linked an investment often referred to as Assets Under Management (AUM). Because you are only paying back interest and not capital, the monthly payments are considerably lower, however this can not be the reason to go for an Interest only mortgage. The amount of investment differs from bank to bank but also on the size of the loan. It tends to vary from 30 -50% of the loan amount.

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