{"id":17869,"date":"2024-10-18T14:23:17","date_gmt":"2024-10-18T14:23:17","guid":{"rendered":"https:\/\/bnieuropa.pt\/?page_id=17869"},"modified":"2024-11-21T10:47:03","modified_gmt":"2024-11-21T10:47:03","slug":"flex-mortgage-loan","status":"publish","type":"page","link":"https:\/\/bnieuropa.pt\/en\/individuals\/flex-mortgage-loan\/","title":{"rendered":"Flex Mortgage Loan"},"content":{"rendered":"

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FLEX MORTGAGE LOAN<\/h1>\n

The Flex Mortgage Loan is a versatile financing solution fully adaptable to your needs.<\/p>\n

With this financing, you can obtain the liquidity necessary for your personal projects or find the ideal solution to consolidate multiple loans and reduce monthly expenses.<\/p>\n

To allow for longer terms and lower interest rates, this credit is secured by a mortgage on a property, similar to a home loan.<\/p>\n

Our concern is to meet your needs.<\/p>\n<\/div>\n

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Purposes of FLEX Mortgage Loan<\/h1>\n\n\n\n\n
Debt Consolidation<\/td>\nProperty Renovation<\/td>\n<\/tr>\n
Education and Health Expenses<\/td>\nVarious Purposes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Unique
\nAdvantages<\/h1>\n\n\n\n
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Unique
\nAdvantages<\/h1>\n<\/td>\n

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\nPre-approval
\nwithin 24 hours<\/td>\n		\"\"
\nCompetitive Interest Rate<\/td>\n		\"\"<\/a>
\nTerms of up to 20 years<\/td>\n		\"\"
\nReduction of
\nmonthly charges
\n(in consolidated loan)<\/td>\n		\"\"
\nFinancing
\nmultifinalities<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Examples<\/h1>\n

of using FLEX<\/h1>\n

Mortgage Loan<\/h1>\n

A client with multiple loans requires a CONSOLIDATION<\/p>\n

solution to reduce the amount of their monthly payments.<\/p>\n

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\n\n\n\n\n\n\n\n\n\n\n
<\/td>\nVALUE OF LOANS<\/td>\nCURRENT<\/td>\n<\/tr>\n<\/thead>\n
\"\"<\/td>\n65 000\u20ac<\/p>\n
15 years, APR 5,22%<\/div>\n<\/td>\n
521,33\u20ac<\/td>\n<\/tr>\n
\"\"<\/td>\n25 000\u20ac<\/p>\n
7 years, APR 6,00%<\/div>\n<\/td>\n
365,21\u20ac<\/td>\n<\/tr>\n
\"\"<\/td>\n30 000\u20ac<\/p>\n
7 years, APR 8,50%<\/div>\n<\/td>\n
475,09\u20ac<\/td>\n<\/tr>\n
\"\"<\/td>\n7 500\u20ac<\/p>\n
APR 13,50%<\/div>\n<\/td>\n
375,00\u20ac<\/td>\n<\/tr>\n<\/tbody>\n
Total<\/td>\n127 500\u20ac<\/td>\n1736,63\u20ac<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
FLEX Solutions for Consolidation<\/td>\n<\/tr>\n
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Solution a<\/div>\n

WITHOUT<\/strong> transfer of the mortgage loan<\/td>\n

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Solution b<\/div>\n

WITH<\/strong> transfer of the mortgage loan<\/td>\n<\/tr>\n<\/thead>\n

\"\"<\/td>\n521,33\u20ac<\/td>\n<\/td>\n\"\"<\/td>\n436,73\u20ac<\/p>\n
APR 5,215%
\nTerm of 20 years<\/div>\n
**<\/div>\n<\/td>\n<\/tr>\n
\"\"<\/td>\n587,05\u20ac<\/p>\n
APR 7,715%<\/div>\n
Term of 15 years<\/div>\n
*<\/div>\n<\/td>\n
<\/td>\n\"\"<\/td>\n511,21\u20ac<\/p>\n
APR 7,701%
\nTerm of 20 years<\/div>\n
***<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n
Total<\/td>\n1.108,38\u20ac<\/td>\n<\/td>\nTotal<\/td>\n947,94\u20ac<\/td>\n<\/tr>\n
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*<\/div>\n

TAEG 9,485%<\/td>\n

<\/td>\n\n
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**<\/div>\n

TAEG 6,261%<\/p>\n<\/div>\n

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***<\/div>\n

TAEG 8,937%<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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Example Representative Solution A<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n
<\/td>\nExample Representative Solution B<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n
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Example Representative Solution B<\/div>\n
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APR calculated based on a Variable Nominal Annual Rate of 5.215% (6 month Euribor from June 2024 of 3.715% and a spread of 1.5%), for a standard loan of 65,000 EUR over 20 years, for a borrower aged 40 with a loan-to-value ratio of 64%. The loan is repayable in 240 monthly installments of principal and interest, with an estimated monthly amount of 436.73 EUR. Total cost of loan is 46,652.67 EUR, and the total amount payable by the consumer (MTIC) is 111,652.67 EUR. This includes: property appraisal fee, initial commissions, contract formalization expenses, stamp duty on credit usage, and insurance premiums for life and multi-risk insurance.<\/p>\n

APR calculated based on a Variable Nominal Annual Rate (APR) of 7.701% (6 month Euribor of June 2024 of 3.715% and spread of 3.986%), for a standard loan of 62,500 EUR over 20 years, for a borrower aged 40 with a loan-to-value ratio of 64%. The loan is repayable in 240 monthly installments of principal and interest, with an estimated monthly amount of 511.21 EUR. Total cost of loan is 66,180.45 EUR and total amount charged to the consumer (MTIC) 128,680.45 EUR. Includes: property appraisal fee, initial fees, contract formalization expenses, stamp duty on the use of credit, and life and multi-risk insurance premiums.<\/p>\n<\/div>\n<\/div>\n

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Example Representative Solution A<\/div>\n<\/div>\n
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APR calculated based on a variable nominal interest rate (APR) of 7.715% (6 month Euribor of June 2024 at 3.715% and a spread of 4%), for a standard loan of 62,500 EUR over 15 years, for a borrower aged 40 with a loan-to-value ratio of 64%. The loan is repayable in 180 monthly installments of principal and interest with an estimated monthly amount of 587.05 EUR. Total cost of loan is 49,816.95 EUR and the total amount payable by the consumer (MTIC) is 112,316.95 EUR. Includes: property appraisal fee, initial commissions, contract formalization expenses, stamp duty on the use of credit, and life and multi-risk insurance premiums.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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The 5 phases of the hiring process<\/h1>\n
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