French mortgage transaction of the month

Transaction of the month – 3.25% variable interest only French mortgage in Val d’Isere

French mortgage for the construction of a Chalet: € 2,200,000 of a € 3,200,000 purchase

This French mortgage in Val d’Isere was fairly straight forward. There were no early repayment penalties with this loan as the borrower wished to pay down the loan fairly quickly once the construction of the Chalet was finished.