If you take out a mortgage to finance the purchase of your property, you will have to pay it back.
Direct amortization allows you to make this repayment on a regular basis through direct payments into the lender's account.
The advantage of direct amortization is that it reduces your debt and therefore also reduces the interest. However, the interest is fully tax deductible. So if the interest burden is reduced, then an increase in the tax burden is to be expected.
We have asked our brokers to share their expertise with you; visit our blog where you will find everything you are looking for!
Check out our latest blog postsAppraise your property online in 2 minutes.
Free of charge, no strings attached.
Wondering how much you can afford to spend on your dream property? Give a try to our easy calculator.
Benefit from a 15-minute consultation with one of our experts.
Benefit from a 15-minute consultation with one of our experts.