Caribbean Mortgages

Caribbean Mortgages

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100 House Merricks Residence, St Philip, Sam Lords Castle
100

The development concerned is to be constructed at Merricks Cove in the area of St Philip, close to S...

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Price: 237,360 / £ 160,000 / $ 318,880
Caribbean Mortgages -

Typical mortgage examples for Ref 100 House in Barbados
Interest only mortgage:

Example APR = 3.5 %
Example Mortgage Term = 30 years
30% Deposit = 48,000 GBP
70 % Financed = 112,000 GBP
Monthly mortgage repayment = 326.67 GBP ( 484.61/ £ 326.67/ $ 651.05)

Capital repayment mortgage:

Example APR = 3.5 %
Example Mortgage Term = 30 years
30% Deposit = 48,000 GBP
70 % Financed = 112,000 GBP
Monthly mortgage repayment = 502.93 GBP ( 746.1/ £ 502.93/ $ 1002.34)

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