The apartment was rented until November for $750 per month
This is 7% per year in a ready-made house
If you consider it as an investment, you can safely rent it out for $1000 per month
Then it will be 9% per annum
Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
≈
27 598
₾
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — TIBR1M.
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