What rate and terms would you choose in our position? We were considering the different rates and terms available.
Mortgage 85,000,000
Monthly Repayment @ 35 year = 20-25% of income.
{We were previously approved for 80,000,000 via AU and SMBC, but the house fell through}
The Flat 35 seems attractive as it is really easy to budget due to its flat, cemented payments, and early repayment options. However, current floating rates are just so low….
by Choice_Vegetable557