18 Aug 2013 9:55 AM:
Hi:
I have a Spaish mortgage of 139000 Euro with Cajamar bank which was reduced by 70 euro because of the court case concerning the mortgage rate and rules.. .
on a spanish mortgage calculator we should be paying approx 515 euros We have been informed by our bank that our interest rate is 2.028% on 139000 over 30 years and our monthly payment is now 612 euros instead of 700 euros .. This is because they informed us that they calculate their interest by the FRENCH CONSTANT SHARE could any one explain what is the FRENCH CONSTANT SHARE Could anyone advise us on what they think we should be paying
Thanks
Tony
Thread:
Tony
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